Sandwich Games

Roee Teper

No 5863, Working Paper from Department of Economics, University of Pittsburgh

Abstract: The extension of set functions (or capacities) in a concave fashion, namely aconcavi cation, is an important issue in decision theory and combinatorics. It turns out thatsome set-functions cannot be properly extended if the domain is restricted to be bounded.This paper examines the structure of those capacities that can be extended over a boundeddomain in a concave manner. We present a property termed the sandwich property that isnecessary and sufficient for a capacity to be concavfi able over a bounded domain. We showthat when a capacity is interpreted as the product of any sub group of workers per a unit oftime, the sandwich property provides a linkage between optimality of time allocations andefficiency.

Date: 2014-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econ.pitt.edu/sites/default/files/working_papers/WP16-009.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pit:wpaper:5863

Access Statistics for this paper

More papers in Working Paper from Department of Economics, University of Pittsburgh Contact information at EDIRC.
Bibliographic data for series maintained by Department of Economics, University of Pittsburgh ( this e-mail address is bad, please contact ).