Firms Distribution Theory Based on Cooperative Game

XU You-min · Journal of Hunan University · 2006

If the relation between factors of production and outputs is discrete,it is difficult for the dis-tribution,based on the marginal productivity theory,to meet the completeness conditions,and the marginal productivity does consider the existence of group rationality.If taken the firms as the organization of cooperative game and taken the group rationality and discrete conditions into consideration,the distribu-tion,based on the Shapley value of cooperative game,can meet the individual rationality and completeness conditions,and can give a more reasonable interpretation on the sources of the real firms’economic profits and the great differences between aggregate social labor incomes.

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