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Characterizing the Nash bargaining solution with continuity and almost no individual rationality

Nakamura, Kensei - 2023 - This version: April 22, 2023

Persistent link: https://www.econbiz.de/10014310420

Individual rationality and overall fairness in fixed cost allocation : an approach under DEA cross-efficiency evaluation mechanism

Chu, Junfei; Su, Wang; Li, Feng; Yuan, Zhe - In: Journal of the Operational Research Society 74 (2023) 3, pp. 992-1007

Persistent link: https://www.econbiz.de/10014333329

On Sharing the Benefits of Communication

Athanasiou, Efthymios; Dey, Santanu; Valletta, Giacomo - 2012

We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other. In order to communicate they need to have a language in common. Learning languages is costly. In this setting no individually rational and feasible Groves mechanism exists. We...

Persistent link: https://www.econbiz.de/10014167264

Wirtschaftsethik und Menschenrechte : ein Kompass zur Orientierung im ökonomischen Denken und im unternehmerischen Handeln

Gesang, Bernward - 2016

Persistent link: https://www.econbiz.de/10011403284

Rational inattention in hiring decisions

Acharya, Sushant; Wee, Shu Lin - 2019

We provide an information-based theory of matching efficiency fluctuations. Rationally inattentive firms have limited …-cyclical acceptance rates drive a wedge between meeting and hiring rates, explaining fluctuations in matching efficiency. Quantitatively …, our model replicates the joint behavior of unemployment rates and matching efficiency observed since the Great Recession. …

Persistent link: https://www.econbiz.de/10011975476

Rational inattention in hiring decisions

Acharya, Sushant; Wee, Shu Lin - In: American economic journal : a journal of the American … 12 (2020) 1, pp. 1-40

Persistent link: https://www.econbiz.de/10012173909

Rational inattention in the infield

Bhattacharya, Vivek; Howard, Greg - In: American economic journal 14 (2022) 4, pp. 348-393

Persistent link: https://www.econbiz.de/10014228826

Pareto-optimal assignments by hierarchical exchange

Bade, Sophie - 2011

A version of the Second Fundamental Theorem of Welfare Economics that applies to a money-free environment, in which a set of indivisible goods needs to be matched to some set of agents, is established. In such environments, 'trade' can be identified with the set of hierarchical exchange...

Persistent link: https://www.econbiz.de/10010286694

Pareto-optimal matching allocation mechanisms for boundedly rational agents

Bade, Sophie - 2010

preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so … in any which way to obtain results on the welfare properties of trade. Secondly, some matching allocation mechanisms have …

Persistent link: https://www.econbiz.de/10010286707

One size may not fit all : welfare benefits and cost reductions with differentiated household electricity rates in a general equilibrium model

Daruwala, Farhad; Denton, Frank T.; Mountain, Dean C. - 2017

We consider optional TOU (time-of-use) pricing for residential consumers as an alternative to a single TOU or flat rate structure offered by a publicly regulated electricity supplier. A general equilibrium model is developed and used to explore and quantify the effects of optional pricing on...

Persistent link: https://www.econbiz.de/10011688056