This study attempts to answer the question of distinguishing appropriate intensity measure parameter for performance-based design or assessment, taking into account the efficiency aspect. The comprehensive comparative tables proposed in this paper could be an effective support in the decision making procedure for intensity measure selection, comprising most of the frequently utilized intensity ...

The efficiency measurement is a subject of great interest. The majority of studies on DEA models have been carried out using radial or non-radial approaches regarding the application of DEA for the efficiency measurement. This paper, based on the directional distance function, proposes a new generalized hybrid measure of efficiency under generalized returns to scale with the existence of both r...

We continue the study of Bochet et al. [4, 5] and Moulin and Sethuraman [20, 21] on fair allocation in bipartite networks. In these models, there is a moneyless market, in which a non-storable, homogeneous commodity is reallocated between agents with single-peaked preferences. Agents are either suppliers or demanders. While the egalitarian rule of Bochet et al. [4, 5] satisfies pareto optimalit...

In this paper we will describe a framework that allows us to connect the problem of hedging a portfolio in finance to the existence of Pareto optimal allocations in economics. We will show the solvability of both problems is equivalent to the No Good Deals assumption. We will then analyze the case of co-monotone additive monetary utility functions and risk measures.

this study attempts to answer the question of distinguishing appropriate intensity measure parameter for performance-based design or assessment, taking into account the efficiency aspect. the comprehensive comparative tables proposed in this paper could be an effective support in the decision making procedure for intensity measure selection, comprising most of the frequently utilized intensity ...

the efficiency measurement is a subject of great interest. the majority of studies on dea models have been carried out using radial or non-radial approaches regarding the application of dea for the efficiency measurement. this paper, based on the directional distance function, proposes a new generalized hybrid measure of efficiency under generalized returns to scale with the existence of both r...

In situations of excess demand, many firms use waiting lists to allocate products and services among their customers. The resulting allocation is likely to be inefficient, creating opportunities for Pareto improving trades among those who are waiting in line. Yet, in the queuing context, the trading of places is rare and inefficiencies often persist over time. In this paper, I report the result...

We study two allocation models. In the first model, we consider the problem of allocating an infinitely divisible commodity among agents with single-dipped preferences. In the second model, a degenerate case of the first one, we study the allocation of an indivisible object to a group of agents. Our main result is the characterization of the class of Pareto optimal and coalitionally strategy-pr...