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A salary system for the assignment problem

Author

Listed:
  • Francisco Sanchez-Sanchez

    (CIMAT)

Abstract

We propose a modification to the concept of the potential of agame à la Hart-Mas Colell to determine a salary system for theassignment problem. We obtain explicit formulas for the potentialof the assignment problem and for it's corresponding salarysystem. Also, we establish some properties of this salary systemand we give an interpretation in terms of the Shapley value.

Suggested Citation

  • Francisco Sanchez-Sanchez, 2004. "A salary system for the assignment problem," Economics Bulletin, AccessEcon, vol. 3(5), pages 1-9.
    • Handle: RePEc:ebl:ecbull:eb-04c70001
    as

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    References listed on IDEAS

    as
    1. Sergiu Hart, 2006. "Shapley Value," Discussion Paper Series dp421, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
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    More about this item

    Keywords

    assignment problem;

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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