This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...

This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...

This paper examines the implementation of various solutions in differentiable concave production economies with one privately owned input, one output, and publicly owned production technology. The public ownership solutions we focus on are the Proportional Solution (PS) and the Equal Benefit...

This paper examines the implementation of various solutions in differentiable concave production economies with one privately owned input, one output, and publicly owned production technology. The public ownership solutions we focus on are the Proportional Solution (PS) and the Equal Benefit...

This paper establishes a B-core existence result for normal form TU games.

Economic theory predicts that it is impossible to have cooperation in finitely repeated games such as a prisoners' dilemma game without communication. Yet experimental results follow a contradicting pattern : for example, cooperation is generally observed in public-goods experiments, at least in...

This paper establishes a B-core existence result for normal form TU games.

Economic theory predicts that it is impossible to have cooperation in finitely repeated games such as a prisoners' dilemma game without communication. Yet experimental results follow a contradicting pattern : for example, cooperation is generally observed in public-goods experiments, at least in...

This paper presents a result of a voluntary contribution mechanism experiment with partial communication. We found that the trend of mean investments depended on whether a communication network was connected or not and on how fast all subjects could share information.

This paper presents a result of a voluntary contribution mechanism experiment with partial communication. We found that the trend of mean investments depended on whether a communication network was connected or not and on how fast all subjects could share information.