The fundamentals of monotone processes reviewed through an inefficiency measure.
Allocation mechanisms considered to be monotone processes because they generate sequences of resource allocations along which the satisfaction of every agent is increasing, or at least not decreasing, were examined to determine the fundamentals of the monotone process. The model consisted of a pure...
| Publicado en: | Quarterly Journal of Economics Vol. 107; pp. 1125 - 1137 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / UK
August 1992
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |