EconPapers    
Economics at your fingertips  
 

Cooperative Production and Efficiency

Carmen Bevia () and Luis Corchon

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: 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.

Keywords: Cooperative Production; sharing rules; efficiency (search for similar items in EconPapers)
JEL-codes: D29 D6 D78 (search for similar items in EconPapers)
Pages: 17
Date: 2007-04-23
New Economics Papers: this item is included in nep-bec, nep-gth, nep-mic and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://pareto.uab.es/wp/2007/69607.pdf (application/pdf)

Related works:
Journal Article: Cooperative production and efficiency (2009) Downloads
Working Paper: Cooperative Production and Efficiency (2007) Downloads
Working Paper: Cooperative production and efficiency (2007) Downloads
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:aub:autbar:696.07

Access Statistics for this paper

More papers in UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) Contact information at EDIRC.
Bibliographic data for series maintained by Xavier Vila ().

 
Page updated 2025-03-30
Handle: RePEc:aub:autbar:696.07