The core of a monotonic transferable utility (TU) game is shown to be the set of prices that incentivize each individual to demand the grand coalition in a market demand problem in which the goods being demanded are coalitions viewed as public goods. It is also shown that the core is the...

An Introduction to Social Ethics and Normative Economics -- Kolm as a Contributor to Public Utility Pricing, Second-Best Culture, and the Theory of Regulation -- Public Utility Pricing and Capacity Choice with Stochastic Demand -- Bidimensional Inequalities with an Ordinal Variable -- Inequality...

I consider a situation wherein a research lab has developed a process innovation and wants to sell licenses to members of an industry. The literature has mostly considered the sale of exclusive licenses. I demonstrate, using both theoretical and experimental methods, that when firms sell...