Títol:
|
Remarks on the proportional distribution in increasing return to scale problems
|
Autor/a:
|
Di Luca, Camilla; Izquierdo Aznar, Josep Maria; Rafels, Carles
|
Altres autors:
|
Universitat de Barcelona |
Abstract:
|
We study a cooperative problem where agents contribute a certain amount of input in order to obtain a surplus. We assume that the average surplus with respect to the amount contributed is increasing. Within this basic model, a cooperative game is associated and the proportional distribution arises as a natural core allocation. We describe a necessary and sufficient condition for which the core of the game shrinks to the proportional distribution. Furthermore, we characterize axiomatically the proportional distribution by means of three properties: core-selection, core-invariance and resource monotonicity. Finally, we provide a condition that guarantees that the proportional nucleolus coincides with the proportional solution. |
Matèries:
|
-Teoria de jocs -Equilibri (Economia) -Competència econòmica -Economia matemàtica -Game theory -Equilibrium (Economics) -Competition -Mathematical economics |
Drets:
|
(c) Di Luca, Camilla et al., 2013
|
Tipus de document:
|
Article Article - Versió publicada |
Publicat per:
|
Economics Bulletin
|
Compartir:
|
|