Cooperative Production and Efficiency

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1707

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DC Field	Value	Language
dc.creator	Beviá, Carmen	-
dc.creator	Corchón, Luis C.	-
dc.date	2007-10-30T13:23:47Z	-
dc.date	2007-10-30T13:23:47Z	-
dc.date	2007-04-23	-
dc.date.accessioned	2017-01-31T00:57:44Z	-
dc.date.available	2017-01-31T00:57:44Z	-
dc.identifier	http://hdl.handle.net/10261/1707	-
dc.identifier.uri	http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1707	-
dc.description	We characterize the sharing rule for which a contribution mechanism achieves efficiency in a cooperative production setting when agents are heterogeneous. The sharing rule bears no resemblance to those considered by the previous literature. We also show for a large class of sharing rules that if Nash equilibrium yields efficient allocations, the production function displays constant returns to scale, a case in which cooperation in production is useless.	-
dc.description	The first author acknowledges financial support from SEJ2005-01481/ECON and FEDER, 2005SGR-00454, and the Barcelona Economics Program, CREA. The second author acknowledges financial support from SEJ2005-06167/ECON.	-
dc.language	eng	-
dc.relation	UFAE and IAE Working Papers	-
dc.relation	696.07	-
dc.rights	openAccess	-
dc.subject	Cooperative production	-
dc.subject	Sharing rules	-
dc.subject	Efficiency	-
dc.title	Cooperative Production and Efficiency	-
dc.type	Documento de trabajo	-
Appears in Collections:	Digital Csic

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