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| Author: | Cres, H. Moulin, H. |
| Title: | Commons with increasing marginal costs: random priority versus average cost |
| Journal: | International Economic Review
2003 : AUG, VOL. 44:3, p. 1097-1115 |
| Index terms: | Econometric models Economic theory Costs |
| Language: | eng |
| Abstract: | The authors show that a key to compare the welfare properties of the two mechanisms is the crowding factor, i. e., the number of potential users over the number of units of output users can afford: The more crowded the commons, the more RP outperforms AC. |
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