A Formulation of the Aggregation Problem in Terms of Coalition and Bargaining Theory
A Ghosh
Economic Change and Restructuring, 1990, vol. 23, issue 2, 97-116
Abstract:
The object of this paper is to demonstrate in economic terms the equivalence of the problem of aggregation in input-output analysis with coalition and bargaining problems. Depending on the specific norm for aggregation it is shown that the aggregation criterion and the coalition forming criterion in an n-person game leads to a broadly similar situation in the market sense given that the market operates to that criterion. It is also shown that a mathematical analogue to this formulation may be obtained via the techniques of geometric programming. Copyright 1990 by Kluwer Academic Publishers
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:23:y:1990:i:2:p:97-116
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