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A Formulation of the Aggregation Problem in Terms of Coalition and Bargaining Theory

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  • Ghosh, A

Abstract

The object of this paper is to demonstrate in economic terms the equivalence of the problem of aggregation in input-output analysis with coalition and bargaining problems. Depending on the specific norm for aggregation it is shown that the aggregation criterion and the coalition forming criterion in an n-person game leads to a broadly similar situation in the market sense given that the market operates to that criterion. It is also shown that a mathematical analogue to this formulation may be obtained via the techniques of geometric programming. Copyright 1990 by Kluwer Academic Publishers

Suggested Citation

  • Ghosh, A, 1990. "A Formulation of the Aggregation Problem in Terms of Coalition and Bargaining Theory," Economic Change and Restructuring, Springer, vol. 23(2), pages 97-116.
    • Handle: RePEc:kap:ecopln:v:23:y:1990:i:2:p:97-116
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