Similar Search Results

Secure implementation, network cost sharing and oligopolistic price discrimination

Kumar, Rajnish - 2010

In chapter 1, we consider the possibility of Secure Implementation in Production Economies beyond the result provided in the Saijo et al. (2007) paper. We find a large class of SCFs to be securely implementable. The serial SCF and the widely studied Fixed Path SCFs which contains serial SCF as a...

Persistent link: https://www.econbiz.de/10009441854

Essays on strategyproofness in cooperative production

Leroux, Justin Theodore; Leroux, Justin Theodore - 2005

We study incentive compatible profit-sharing rules when output (or profit) is obtained via the joint use of a technology exhibiting decreasing marginal returns. The incentives compatibility criterion we adopt is that of strategy-proofness (SP), arguably the most robust and the most demanding...

Persistent link: https://www.econbiz.de/10009441868

The role of fiscal policy in inertially inflated Argentina

Arce M., Daniel G. - 1992

of the social conflict theory of inflation and creates cyclical indices of fiscal stance for developing countries …In the second essay a game-theoretic model is presented which formalizes the role of deficits in the conflict theory of … theory of inflation. Estimates are made for a hybrid of the cyclically neutral budget which reflects a macroeconomic target …

Persistent link: https://www.econbiz.de/10009477648

Essays on bankruptcy and the resolution of financial distress

Longhofer, Stanley D. - 1995

That a firm's initial equityholders often emerge from Chapter 11 bankruptcy proceedings with more value than the absolute priority rule (APR) would suggest is now a generally accepted fact. The form in which this value is distributed, however, is less well understood. In particular, why do the...

Persistent link: https://www.econbiz.de/10009477765

Three essays on trading information

Chung, Heesoo - 1992

In this thesis, I have examined the models of dynamic competitive behavior on trading information. This information can be seen as a cost reducing manufacturing technique of output. Assume that the value of information is nonincreasing in the number of information holders. For the analysis, two...

Persistent link: https://www.econbiz.de/10009484425

Three essays in microeconomics of public enterprises under asymmetric information and uncertainty

Acharya, Arnab Kumar - 1989

In Chapter 1, we present a model describing the control of a single public enterprise in a less developed country environment, through the imposition of an allocation scheme--consisting of an output target at a particular unit cost--by a central planner. We assume information asymmetry with a...

Persistent link: https://www.econbiz.de/10009484427