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Persistent link: https://www.econbiz.de/10010513577
This paper suggests an extensive and systematic analysis of the realization of public works in Italy, with reference to both the timing and the trend of the expenditure for works and, finally, to the forecasting ability of contracting entities as to the start of works and the timing of...
Persistent link: https://www.econbiz.de/10011207417
Persistent link: https://www.econbiz.de/10011974169
In this paper, we present the different cost sharing methods one can find in the economic literature. We regroup the methods into three sets : the proportional methods, the cooperative game theory methods and the serial cost sharing methods. All those methods are presented through the stylized...
Persistent link: https://www.econbiz.de/10005079410
It is important that the choice of a cost sharing method be made on the basis of its general equity and consistency properties rather than on the basis of the results it may generate in a given application. In this paper, we partition the different methods according to whether they satisfy a...
Persistent link: https://www.econbiz.de/10005079438
In this document, we present the notion of a cost game, defined as a cooperative game where the gain from cooperation is the cost reduction obtained when the projects of a set of agents are realized in a coordinated way. The problem is then to decide how this gain will be shared among agents or...
Persistent link: https://www.econbiz.de/10005100476
In this paper, we present the main solution concepts for cooperative games, which have been used in the context of cost games. We put a special emphasis on the concept of core. We also present the concepts of semicore, von Neumann-Morgenstern stable set, nucleolus and Shapley value. However, we...
Persistent link: https://www.econbiz.de/10005100477
Large cities have underground networks of pipes and/or wires for water, sewage, natural gas, electricity and telecommunication services. These networks carry heavy fixed costs that must be shared among users. This problem has specific characteristics that we illustrate with an example. After...
Persistent link: https://www.econbiz.de/10005100481
The waterway transportation is considered the most efficient. Moreover, Brazil has many rivers, besides the extensive coastline, appropriate to navigation. However, this mode of transport is not widely used in the country, especially inland. This study evaluates the possible causes for this....
Persistent link: https://www.econbiz.de/10011372217
A growing body of theoretical contributions and empirical studies has explored how the spatial distribution of public resources and governmental transfers is likely to be driven by efficiency and equity, as well as by political considerations. This article applies this line of research to...
Persistent link: https://www.econbiz.de/10011397513