Asymptotic efficiency of the proportional compensation scheme for a large number of producers

DOI10.2298/YJOR170918028RzbMath1461.91159arXiv1701.06038MaRDI QIDQ4987799

Dmitry B. Rokhlin, A. B. Usov

Publication date: 4 May 2021

Published in: Yugoslav Journal of Operations Research (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1701.06038

zbMATH Keywords

asymptotic efficiencyprice of anarchyproportional compensation schemetotal productiontullock contest

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

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