Surplus ACT - A Solution in Sight?

A New Method for Merchandizing Surplus Allocation

Locational Marginal Pricing (LMP) is a method for energy pricing in deregulated power systems. Loss and congestion cause different prices for energy at load or generation buses. In this pricing method there is a different between payments of customers and revenue of generators which is called Merchandizing Surplus (MS). Independent System Operator (ISO) receives MS and generally renders it to T...

A Theory of Surplus Labour

On surplus-sharing in partnerships

For investment or professional service partnerships (in general, for partnerships where measures of the partners’ contributions are available), we consider a family of partnership agreements commonly used in real life. They allocate a fixed fraction of the surplus equally and the remains, proportional to contributions; and they allow this fraction to depend on whether the surplus is positive or...

Strong Monotonicity in Surplus Sharing

We consider three new axioms for surplus sharing problems. The rst is strong monotonicity which says that workers should be rewarded for increases in productivity and the second says that productive workers should receive some compensation. The third requires that the surplus sharing rule should be well de ned (and continuous on) the set of threshold functions. We show that none of the standard...

Surplus Values in Information Ecosystems

A model of surplus values within information ecosystems is presented. The model is based on the classical definition of surplus value. However, as this definition was developed within a manufacturing industry context, some modifications are necessary to adopt it to the context of information ecosystems, e.g., by taking into account that products are “virtual” rather than physical. Just as in ag...