@MISC{Banerjee_intra-grouptransfers, author = {Dyuti Banerjee and Anupama Sethi}, title = {INTRA-GROUP TRANSFERS AND GROUP FORMATION}, year = {} }
Share
OpenURL
Abstract
In this paper we consider different forms of intra-group transfers and the resulting type of group formation. We introduce the concept of partial joint liability and revenue sharing and show that this form of intra-group transfer may result in heterogeneous group formation. Its uniqueness is established by the fact that other transfer schemes always result in homogenous group formation.