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Efficient allocations under ambiguity [PDF]
Journal of Economic Theory, 2011 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Strzalecki, Tomasz, Werner, Jan
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Technology efficiency or allocation efficiency
China Agricultural Economic Review, 2018Purpose The emergence of mega-farms in middle-income countries like Brazil and Ukraine and the efforts to consolidate small farms into larger ones in China and elsewhere have suggested that new institutional arrangements and technology progress may increase the significant farm economies of size, and therefore challenging the classical inverse ...
Hailong Cai, Tianyao Yan
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Journal of Urban Planning and Development, 1989
Many theoretical and operational methods have been developed to identify optimal land‐use allocation strategies. In general, it is possible to classify these models into single land‐use allocation (SLUA) and multiple land‐use allocation (MLUA) problems.
James T. Diamond, Jeff R. Wright
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Many theoretical and operational methods have been developed to identify optimal land‐use allocation strategies. In general, it is possible to classify these models into single land‐use allocation (SLUA) and multiple land‐use allocation (MLUA) problems.
James T. Diamond, Jeff R. Wright
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2021
Now, is the competitive market (if it really exists) a “good” way of resource allocation? Of course it depends on what we mean by “good.”
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Now, is the competitive market (if it really exists) a “good” way of resource allocation? Of course it depends on what we mean by “good.”
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Management Science, 2012
Firms routinely allocate the costs of common corporate resources down to divisions. The main insight of this paper is that any efficient allocation rule must reflect the firm's underlying cost structure. We propose a new allocation rule (the polynomial rule), which achieves efficiency and approximate budget balance.
Korok Ray, Maris Goldmanis
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Firms routinely allocate the costs of common corporate resources down to divisions. The main insight of this paper is that any efficient allocation rule must reflect the firm's underlying cost structure. We propose a new allocation rule (the polynomial rule), which achieves efficiency and approximate budget balance.
Korok Ray, Maris Goldmanis
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Implementing Efficient Egalitarian Equivalent Allocations
Econometrica, 1984This paper proposes a procedure for implementing efficient egalitarian equivalent allocations in an exchange economy, using the perfect equilibrium concept. This procedure is an extension of the ''divide and choose'' method in two ways: it is defined for more than two agents and the divider's advantage is removed by auctioning the role of divider among
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Finding fair and efficient allocations
2021We study the problem of fair division, where the goal is to allocate a set of items among a set of agents in a ``fair" manner. In particular, we focus on settings in which the items to be divided are either indivisible goods or divisible bads. Despite their practical significance, both these settings have been much less investigated than the divisible ...
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