Cost Sharing: Efficiency and Implementation

Todd Kaplan and David Wettstein ()

Working Papers from Tel Aviv

Abstract: We study environments where a production process is jointly shared by a finite group of agents. The social decision involves the determination of input contribution and output distribution. We define a competitive solution when there is decreasing returns-to-scale and show that it leads to a Pareto optimal outcome.

Keywords: ECONOMIC MODELS; ECONOMIC EQUILIBRIUM; PRODUCTION; DECISION MAKING (search for similar items in EconPapers)
JEL-codes: C51 D58 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Cost sharing: efficiency and implementation (1999)
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:fth:teavfo:44-96

Access Statistics for this paper

More papers in Working Papers from Tel Aviv Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().