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The form of the Engel curve has long been a subject of discussion in appliedeconometrics and until now there has no been definitive conclusion about its form. In this paperan additive partially linear model is used to estimate semiparametrically the effect of totalexpenditure in the context of...
Persistent link: https://www.econbiz.de/10005731246
group of agents, and we study a solution, called the Equal Split Guarantee solution, in the presence of consistency and …
Persistent link: https://www.econbiz.de/10008542864
efficiency. Moreover, it is implementable in dominant strategies and satisfies consistency properties. Second, we propose an …, and that it satisfies consistency properties. …
Persistent link: https://www.econbiz.de/10005227315
In this paper we study the problem of fair allocation in economies with indivisible goods, dropping the usual restriction that one agent receives at most one indivisible good. We show that most of the results obtained in the literature do not hold when the above mentioned restriction is dropped.
Persistent link: https://www.econbiz.de/10008557120