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Research Details
Value Allocation with Economies of Scale, Economic Letters
Abstract
The Aumann-Shapley Value allocation is shown to be in the Core of a benefit allocation game with non-decreasing returns to scale. The value coincides with the competitive allocation for a cost function that is homogeneous of degree one.
Type
Article
Author(s)
Date Published
1986
Citations
. 1986. Value Allocation with Economies of Scale. Economic Letters.(2): 107-111.
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