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We study the effects on the food market of the introduction of biofuels as a substitute for fossil fuel in the energy market. We consider a world economy with an oil cartel and a competitive fringe of farmers producing energy in the form of biofuels. Farmers also produce food and sell it on the...
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This article proposes a setting that allows for technological cooperation in the cost sharing model. Dealing with discrete demands, we study two properties: additivity and dummy. We show that these properties are insufficient to guarantee a unit-flow representation similar to that of Wang (Econ...
Persistent link: https://www.econbiz.de/10010993391
In the discrete cost sharing model with technological cooperation (Bahel and Trudeau in Int J Game Theory 42:439–460, <CitationRef CitationID="CR1">2013a</CitationRef>), we study the implications of a number of properties that strengthen the well-known dummy axiom. Our main axiom, which requires that costless units of demands do not...</citationref>
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In the discrete cost sharing model with technological cooperation (Bahel and Trudeau (IJGT, 2013)), we study the implications of a number of properties that strengthen the well-known Dummy axiom. Our main axiom, which requires that costless units of demands do not affect the cost shares, is used...
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