Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10005216630
Persistent link: https://www.econbiz.de/10005521073
Persistent link: https://www.econbiz.de/10005388122
In the quasilinear case, surplus maximization leads to constrained efficient Drèze equilibria. We investigate the question of whether surplus maximization can be useful beyond the quasilinear case. We use two different surplus concepts, the equivalent and the compensating surplus. The first one...
Persistent link: https://www.econbiz.de/10008870871
Persistent link: https://www.econbiz.de/10005374114
Persistent link: https://www.econbiz.de/10005520953
Persistent link: https://www.econbiz.de/10005521031
Persistent link: https://www.econbiz.de/10005388064
Persistent link: https://www.econbiz.de/10005216648
We extend the analysis of competitive outcomes in TU market games of Shapley and Shubik [Shapley, L.S., Shubik, M., 1975. Competitive outcomes in the cores of market games. International Journal of Game Theory 4, 229-237] in two ways. First, our representing economies are coalition production...
Persistent link: https://www.econbiz.de/10005216735