paper

The Potluck Problem

arXiv:0809.2136 · doi:10.1016/j.econlet.2009.12.011

Abstract

This paper proposes the Potluck Problem as a model for the behavior of independent producers and consumers under standard economic assumptions, as a problem of resource allocation in a multi-agent system in which there is no explicit communication among the agents.

9 pages. Economics Letters, to appear