In n-agent exchange economies, we show that all efficient and continuous rules are "diagonally dictatorial" over the restricted domain of linear preferences and, in the 2-good case, over the domain of homothetic preferences. The diagonal dictator receives the entire endowment whenever all agents...

After the 1997 financial crisis electricity supply industry (ESI) restructuring and privatisation of state owned enterprises (SOEs) in this industry were included in the Master Plan for State Enterprise Sector Reform. Considering the extent of debate over privatisation, restructuring and...