Borm, Peter; Grundel, S.; Hamers, H.J.M. - Tilburg University, Center for Economic Research - 2013
agent is characterized by a claim on this pool and an individual concave reward function on assigned resources. An … assignment of resources is optimal if the total joint reward is maximized. We provide a necessary and sufficient condition for … optimality of an assignment. Analyzing the associated allocation problem of the maximal total joint reward, we consider …