Showing 1 - 10 of 53
Persistent link: https://www.econbiz.de/10008666653
Persistent link: https://www.econbiz.de/10003938716
This paper reports an experimental study on three well-known solutions for problems of adjudicating conflicting claims: the constrained equal-awards, the proportional, and the constrained equal-losses rules. We first let subjects play three games designed such that the unique equilibrium...
Persistent link: https://www.econbiz.de/10012756987
Persistent link: https://www.econbiz.de/10008666652
Persistent link: https://www.econbiz.de/10009708862
Persistent link: https://www.econbiz.de/10003318178
Persistent link: https://www.econbiz.de/10003375897
In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting claims. They focussed on three operators in order to...
Persistent link: https://www.econbiz.de/10014186507
The ethic of priority is a compromise between the extremely compensatory ethic of outcome equality and the needs-blind ethic of resource equality. We propose an axiom of priority and characterize resource-allocation rules that are impartial, prioritarian, and solidaristic. They comprise a class...
Persistent link: https://www.econbiz.de/10014052852
Persistent link: https://www.econbiz.de/10013548936