Showing 1 - 10 of 133
by such a mechanism under plausible budget-balance requirements. When neither outside option is known, we show that the …
Persistent link: https://www.econbiz.de/10010315578
The purpose of this study is to explore if and how interfirm governance can foster the scaling up of hydrogen supply chains. We applied an interview study approach conducting semi-structured interviews with 13 experts from hydrogen production, storage, transportation, and utilization. This...
Persistent link: https://www.econbiz.de/10014542185
Howard (1992) argues that the Nash bargaining solution is not Nash implementable, as it does not satisfy Maskin monotonicity. His arguments can be extended to other bargaining solutions as well. However, by defining a social choice correspondence that is based on the solution rather than on its...
Persistent link: https://www.econbiz.de/10009452531
priori unknown. The analysis is based on a mechanism design approach that imposes a requirement of robustness with respect to …
Persistent link: https://www.econbiz.de/10010266057
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10010266972
public goods preferences. A mechanism design approach is used to establish the following result: If policies are required to …
Persistent link: https://www.econbiz.de/10010266981
preferences for public goods. A mechanism design approach is used to characterize implementable tax and expenditure policies. A …
Persistent link: https://www.econbiz.de/10010266987
This paper studies the design of optimal utilitarian mechanisms for an excludable public good. Excludability provides a basis for making people pay for admissions; the payments can be used for redistribution and/or funding. Whereas previous work assumed that admissions are governed by the...
Persistent link: https://www.econbiz.de/10010266991
's problem is to select a subset of maximal quality. We propose a buying mechanism which can be viewed as a game theoretic … performance of our mechanism. Finally, we discuss how the mechanism can be applied to award R&D subsidies. …
Persistent link: https://www.econbiz.de/10010271568
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10010271780