We pursue the analysis of the Path Serial Cost Sharing Rule by examining how the cost share of an agent varies with respect to its own demand and the one of other agents. We also provide bounds for cost shares under an appropriate assumption on the cost function.

The Serial Cost Sharing Rule was originally conceived for situations where the demands of agents pertain to a homogeneous private good, produced by an unreplicable technology. In this context, it is endowed with a variety of desirable equity and coherency properties. This paper investigates the...

The Serial Cost Sharing Rule has been conceived originally for problems where agents ask for different quantities of an homogeneous private good, the sum of which is produced by a single facility. In this context, it is endowed with a variety of desirable equity and coherency properties. This...

In this paper we endogenize the horizontal structure of illicit drug markets. The key assumption is that the trafficker’s probability of detection depends on his/her market share. The author show that a stricter law enforcement policy encourages traffickers to permit competitors into the...

Dans cette note, nous développons un modèle dans lequel l'embauche d'un travailleur sans expérience comporte une caractéristique de bien public en révélant à tous les employeurs le type du travailleur. Dans ce contexte, nous démontrons que l'embauche de travailleurs sans expérience est...

Dans cet article, on endogénéise la structure horizontale du marché des drogues illicites. L'hypothèse principale du modèle est que la probabilité de détection d'une organisation criminelle dépend de sa part de marché. On met en évidence le fait qu'une politique répressive plus...

In this paper, we develop a model in which hiring of unexperienced workers has a public good characteristic in revealing information on workers quality. We analyze the macroeconomic consequences of a microeconomics phenomenon : The job matching. In this framework, we show that a decentralized...