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The equitable division of a joint cost (or a jointly produced output) among agents with different shares or types of output (or input) commodities, is a central theme of the theory of cooperative games with transferable utility. Ever since Shapley's seminal contribution in 1953, this question...
Persistent link: https://www.econbiz.de/10014023837
We consider the sharing of the cost of producing a homogeneous good when the technology has variable returns and individuals have arbitrary demands. We give a full analytical description of the family of costsharing methods that allocate costs in proportion to demands when returns are constant,...
Persistent link: https://www.econbiz.de/10014222981
This paper investigates the impact of prolonged social distancing on generosity by analyzing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Despite the isolation and the negative effects on employment and household...
Persistent link: https://www.econbiz.de/10015214006
This paper investigates the impact of prolonged social distancing on generosity by analyzing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Despite the isolation and the negative effects on employment and household...
Persistent link: https://www.econbiz.de/10015217288
This paper investigates the impact of prolonged social distancing on generosity by analyzing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Despite the isolation and the negative effects on employment and household...
Persistent link: https://www.econbiz.de/10015222812
As it is known, there is no rule satisfying Additivity in the complete domain of bankruptcy problems. This paper proposes a notion of partial Additivity in this context, to be called m-additivity. We find that m-additivity, together with two quite compelling axioms, anonymity and continuity,...
Persistent link: https://www.econbiz.de/10015225344
This paper investigates the impact of a negative socioeconomic shock on generosity by analysing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Each respondent plays four dictator games corresponding to four different...
Persistent link: https://www.econbiz.de/10015227158
Water is essential for life. However, the basic problem of water resource allocation has been that water tends to be over-allocated. Demand for water exceeds the available supply. Essentially, the water economy is bankrupt. Bankruptcy problems have been almost exhaustively studied in the...
Persistent link: https://www.econbiz.de/10015229079
This paper investigates the impact of a negative socioeconomic shock on generosity by analysing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Each respondent plays four dictator games corresponding to four different...
Persistent link: https://www.econbiz.de/10015229423
This paper investigates the impact of a negative socioeconomic shock on generosity by analysing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Each respondent plays four dictator games corresponding to four different...
Persistent link: https://www.econbiz.de/10015229424