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A history of marginal utility theory

Kauder, Emil - 1965

Persistent link: https://www.econbiz.de/10000572255

A rehabilitation of the law of diminishing marginal utility : an ordinal marginal utility approach

Lin, Zhongzheng; Peng, Shi-Shu - In: The B.E. journal of theoretical economics 22 (2022) 2, pp. 453-481

Persistent link: https://www.econbiz.de/10013334540

History of Marginal Utility Theory

Kauder, Emil - 1965

The author blends historical narrative with a topical approach and discusses such aspects of the theory as measurement, total value, and imputation.Originally published in 1965.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print...

Persistent link: https://www.econbiz.de/10014482259

History of Marginal Utility Theory

Kauder, Emil - 2015

Persistent link: https://www.econbiz.de/10012682205

Chapter 55 Values of non-transferable utility games

McLean, Richard P. - In: Handbook of game theory with economic applications : …, (pp. 2077-2120). 2002

This chapter surveys a class of solution concepts for n -person games without transferable utility — NTU games for …. For transferable utility games, the main axiomatic solution is the Shapley Value and this chapter deals with values of NTU … games , i.e., solutions for NTU games that coincide with the Shapley value in the transferable utility case. We survey …

Persistent link: https://www.econbiz.de/10014024490

A Theory of Fairness, Competition and Cooperation

Fehr, Ernst; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 1998

There is strong evidence that people exploit their bargaining power in competitive markets but not in bilateral bargaining situations. There is also strong evidence that people exploit free-riding opportunities in voluntary cooperation games. Yet, when they are given the opportunity to punish...

Persistent link: https://www.econbiz.de/10005504682

Matching in the Kolm triangle : interiority and participation constraints of matching equilibria

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2019

In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public good supply and welfare. In particular, we describe, on...

Persistent link: https://www.econbiz.de/10012016875

Public utility economics

Crew, Michael A.; Kleindorfer, Paul R. - 1979

Persistent link: https://www.econbiz.de/10000066999

Matching as a cure for underprovision of voluntary public good supply : analysis and an example

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2011

Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good economy and to cure the underprovision problem associated with private provision of public goods. The desired Pareto optimal interior matching equilibrium, however, emerges only...

Persistent link: https://www.econbiz.de/10009011305

Potentially harmful international cooperation on global public good provision

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2012

Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead, partial cooperation between like-minded countries appears a more likely outcome. In this paper we analyze the effects of such partial cooperation between like-minded countries. In...

Persistent link: https://www.econbiz.de/10009570868

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