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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 ...
Core Retionalizability in Two-Agent Exchange Economies
(Université de Montréal. Département de sciences économiques., 2000)
We provide a characterization of selection correspondences in two-person exchange economies that can be core rationalized in the sense that there exists a preference profile with some standard properties that generates the ...