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Sharing a River among Satiable Countries
(Université de Montréal. Département de sciences économiques., 2006-07)
With diminishing global water reserves the problem of water allocation becomes increasingly important. We consider the problem of efficiently sharing a river among a group of satiable countries. Inducing countries to ...
Organizational Design of R&D Activities
(Université de Montréal. Département de sciences économiques., 2001)
This paper addresses the question of whether R&D should be carried out by an independent research unit or be produced in-house by the firm marketing the innovation. We define two organizational structures. In an integrated ...
Sharing a River
(Université de Montréal. Département de sciences économiques., 2000)
A group of agents located along a river have quasi-linear preferences over water and money. We ask how the water should be allocated and what money transfers should be performed. We are interested in efficiency, stability ...