Ratio-Lindahl equilibria and an informationally efficient and implementable mixed-ownership system
Article Abstract:
The Ratio-Lindahl equilibrium is used to formalize a mixed-ownership economic institutional framework which is informationally implementable and efficient. The system's incentive aspects are analysed via a mechanism which is shown to use a continuous, balanced and individually feasible outcome function.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1995
Methods, Models, Economics, Economic methods, Ratio analysis
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1995
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A model of institutional formation within a rent seeking environment
Article Abstract:
A game theoretic model in which a portion of production is seized from entrepreneurs within a rent seeking environment is presented.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
Usage, Game theory
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
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Subjects list: Research, Organizational behavior
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