Value allocation with economies of scale

Daniel F. Spulber*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Scopus citations


The Aumann-Shapley Value allocation is shown to be in the Core of a benefit allocation game with non-decreasing returns to scale. The value coincides with the competitive allocation for a cost function that is homogeneous of degree one.

Original languageEnglish (US)
Pages (from-to)107-111
Number of pages5
JournalEconomics Letters
Issue number2
StatePublished - 1986

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


Dive into the research topics of 'Value allocation with economies of scale'. Together they form a unique fingerprint.

Cite this