Stable syndicates of factor owners and distribution of social output: a Shapley value approach

The purpose of this paper is to examine the incentive of a player to join a syndicate in an environment of team production and payoff distribution according to Shapley value. We consider an economy in which a single output is produced by an increasing returns to scale production function using two i...

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Bibliographic details
Volume: 39
Main Author: Ferrer, Hélène
Owen, Guillermo
Valognes, Fabrice
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Berlin/Heidelberg Springer 01.07.2012
Springer-Verlag
SPRINGER
Springer Verlag
published in: Social choice and welfare Vol. 39; no. 2/3; pp. 553 - 565
Editor: Merlin, Vincent
Fleurbaey, Marc
Lepelley, Dominique
ORCID: 0000-0002-2117-9420
0000-0003-0719-6918
Data of publication: 20120701
ISSN: 0176-1714
1432-217X
EISSN: 1432-217X
Discipline: Economics
Social Welfare & Social Work
Subjects:
Online Access: Fulltext
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2012
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