Efficient Decentralisation with a Transferable Good

DOI10.2307/2297423MaRDI QIDQ4747862zbMATH OpenOpenAlexFDO

Authors Martin Browning

Publication date 1983

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/2297423

zbMATH Keywords

private informationefficient outcome(n-1)-additivityefficient decentralisationreward schedulestechnology characterizationtransferable good

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) General equilibrium theory (91B50)

Cited in

(1)

• Cooperative production and efficiency

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