Your English writing platform
Discover LudwigSuggestions(2)
Exact(26)
Consequently, a consensus is required for the implementation of a sharing rule.
In a first step the joint venture with a unanimous sharing rule is illustrated.
Therefore, the sharing rule under arbitration governance should be set in such a way that the elasticity of the sharing rule is equal to the elasticity of the production in the point of first-best investment.
If the arbitrator sets the sharing rule with a non-zero mass effect parameter m, then arbitration governance induces additional investment incentives which increase the investment above the level of a unanimous surplus sharing rule.
With a unanimous sharing rule the parties' outside options are zero in a dispute over the surplus.
However, this sharing rule means that the parties profit from the marginal product of their investments only partially.
Similar(34)
Spectrum sharing is coordinated in accordance with sharing rules under a well-defined set of conditions and mutual agreement.
The classical load sharing rules to model the load redistribution at broken fibers are modified to consider different material properties.
We investigate how burden sharing rules impact the voluntary provision of a public good which generates heterogeneous benefits to agents.
Equal sharing rules appear to be appropriate only in extreme cases such as in presence of the so-called Cinderella effect.
Our results lend insights into the efficient institutional design for voluntary private provision of public goods, and how burden sharing rules interact with efficiency when agents are heterogeneous.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com