Search Results - subject:"constrained equal awards rule"

Generalizing the constrained equal awards rule

Dietzenbacher, Bas - In: Theory and decision : an international journal for … 95 (2023) 1, pp. 131-150

Persistent link: https://www.econbiz.de/10014365198

Resource allocations with guaranteed awards in claims problems

Giménez-Gómez, José Manuel; Peris, Josep E.; … - In: Review of economic design 27 (2023) 3, pp. 581-602

Persistent link: https://www.econbiz.de/10014328682

Sequential bankruptcy problems

Estévez-Fernández, Arantza; Giménez-Gómez, José Manuel - 2019

In this paper, we analyze sequential bankruptcy problems, which generalize bankruptcy problems. They contain the problems of sharing water in a transboundary river and of allocating expedition rewards in projects. We provide three mechanisms for generalizing rules for bankruptcy problems to...

Persistent link: https://www.econbiz.de/10012233950

Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: an update

Thomson, William - University of Rochester - Center for Economic Research … - 2013

A group of agents have claims on a resource, but there is not enough of it to honor all of the claims. How should it be divided? A group of agents decide to undertake a public project that they can jointly afford. How much should each of them contribute? This essay is an update of Thomson...

Persistent link: https://www.econbiz.de/10011278938

Strong composition down. Characterizations of new and classical bankruptcy rules.

Martinez, Ricardo - Departamento de Teoría e Historia Económica, Facultad … - 2009

constrained equal awards rules survive. We also prove that the constrained equal awards rule is the only rule that satisÞes strong …

Persistent link: https://www.econbiz.de/10004978979

Lorenz comparisons of nine rules for the adjudication of conflicting claims

Bosmans, Kristof; Lauwers, Luc - Centrum voor Economische Studiën, Faculteit Economie … - 2007

Consider the following nine rules for adjudicating conflicting claims: the proportional, constrained equal awards, constrained equal losses, Talmud, Piniles’, constrained egalitarian, adjusted proportional, random arrival, and minimal overlap rules. For each pair of rules in this list, we...

Persistent link: https://www.econbiz.de/10005503865

On properties of division rules lifted by bilateral consistency

Hokari, Toru; Thomson, William - University of Rochester - Center for Economic Research … - 2007

is resource monotonic. Keywords: claims problems; consistency; lifting; constrained equal awards rule; constrained equal … hybrid of the constrained equal awards rule deflned later, and it dual, the so-called constrained equal losses rule. The … constrained equal losses rule, the constrained equal awards rule being used second. 7 Proposition 1 Neither 2-continuity nor 2 …

Persistent link: https://www.econbiz.de/10005503960

STRONG COMPOSITION DOWN. CHARACTERIZATIONS OF NEW AND CLASSICAL BANKRUPTCY RULES

Martínez, Ricardo - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2007

equal awards rules survive. We also prove that the constrained equal awards rule is the unique rules satisfying strong …

Persistent link: https://www.econbiz.de/10005515947

Equality preference in the claims problem: A questionnaire study of cuts in earnings and pensions

BOSMANS, Kristof; SCHOKKAERT, Erik - Center for Operations Research and Econometrics (CORE), … - 2007

Many distributional conflicts are characterized by the presence of acquired rights. The basic structure of these conflicts is that of the so-called claims problem, in which an amount of money has to be divided among individuals with differing claims and the total amount available falls short of...

Persistent link: https://www.econbiz.de/10005065370

Lorenz rankings of rules for the adjudication of conflicting claims

Thomson, William - University of Rochester - Center for Economic Research … - 2007

; constrained equal awards rule; constrained equal losses rule; Talmud rule; minimal overlap rule; Piniles’ rule; constrained …, rules that at flrst sight do not all appear to be related. They are the \constrained equal awards rule" and the \constrained … are central in the literature. Constrained equal awards rule, CEA: For each (c;E) 2 CN and each i 2 N, CEAi(c;E) · minfci …

Persistent link: https://www.econbiz.de/10005808161