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Persistent link: https://www.econbiz.de/10008925165
Abstract We characterize the family of claims-inequality and claims-order preserving continuous rules in the three-agent case for the problem of adjudicating conflicting claims. We show that there are infinitely many of such rules and provide a simple geometric construction that spans the whole...
Persistent link: https://www.econbiz.de/10008870900
We consider the problem of assigning indivisible goods among a group of agents with lotteries when the preference profile is single-peaked. Unfortunately, even on this restricted domain of preferences, equal treatment of equals, stochastic dominance efficiency, and stochastic dominance...
Persistent link: https://www.econbiz.de/10010680686