Showing 1 - 10 of 23
For n-person bargaining problems the family of proportional solutions (introduced and characterized by Kalai in 1977) is generalized to bargaining problems with non-convex payo sets. The so-called "ecient proportional solutions" are characterized axiomatically using natural extensions of the...
Persistent link: https://www.econbiz.de/10010585846
In this paper we consider the Minimum Cost Spanning Tree model. We assume that a central planner aims at implementing the minimum cost spanning tree not knowing the true link costs. The central planner sets up a game where agents announce the link costs, a tree is chosen and costs are allocated...
Persistent link: https://www.econbiz.de/10010585847
In the present paper we consider the allocation of cost in connection networks. Agents have connection demands in form of pairs of locations they want to be connected. Connections between locations are costly to build. The problem is to allocate costs of networks satisfying all connection...
Persistent link: https://www.econbiz.de/10010703368
In this paper we consider a family of cost allocation rules for which agents pay a share of their incremental cost as well as of any ‘debt’ from prior agents. This family encompasses the Bird rule and the free riding rule (where terminal agents pay everything) as the two extreme cases. By...
Persistent link: https://www.econbiz.de/10010822726
League tables associated with various forms of service activities from schools to hospitals illustrate the public need for ranking institutions by their productive performance. We present a new method for ranking production units which is based on each units marginal contribution to the...
Persistent link: https://www.econbiz.de/10010930249
The purpose of this paper is to model the multi-criteria decision problem of identifying the most suitable facility locations for biogas plants under an integrated decision support methodology. Here the Geographical Information System (GIS) is used for measuring the attributes of the...
Persistent link: https://www.econbiz.de/10010735519
We analyze a two-attribute procurement auction that uses yardstick competition to settle prices. The submitted sealed bids are replaced by yardstick bids, computed by a linear weighting of the other participants’ bids. The auction simplifies the procurement process by reducing the...
Persistent link: https://www.econbiz.de/10010765733
In this paper we examine the possibility of using the standard Kruskal-Wallis rank test in order to evaluate whether the distribution of efficiency scores resulting from Data Envelopment Analysis (DEA) is independent of the input (or output) mix. Recently, a general data generating process (DGP)...
Persistent link: https://www.econbiz.de/10010585848
The standard problem of adjudicating conflicting claims describes a situation in which a given amount of a divisible good has to be allocated among agents who hold claims against it exceeding the available amount. This paper considers more general rationing problems in which, in addition to...
Persistent link: https://www.econbiz.de/10010585850
We analyze a simple multi-attribute procurement auction that uses yardstick competition to settle prices. Upon receiving the submitted bids the auctioneer computes the yardstick prices (bids) by a linear weighting of the other participants’ bids. The auction simplifies the procurement process...
Persistent link: https://www.econbiz.de/10010585851