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Efficient Decentralisation with a Transferable Good

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Publication:4747862
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DOI10.2307/2297423zbMath0508.90010OpenAlexW2038019163MaRDI QIDQ4747862

Martin Browning

Publication date: 1983

Published in: The 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)


Related Items (1)

Cooperative production and efficiency







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