The constrained egalitarian solution of Dutta and Ray (1989) for TU-games is extended to asymmetric cases, using the notion of weight systems as in Kalai and Samet (1987, 1988). This weighted constrained egalitarian solution is based on the weighted Lorenz-criterion as an inequality measure. It...

Inherent to most research projects is the fact that researchers learn about their project during the course of it. Research investments result in signals on development costs. This paper studies how this fact influences firms' investments, and how revenue sharing can correct inefficient...