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We consider the problem of adjudicating conflicting claims. A rule to solve such problems is consistent if the choice it makes for each problem is always in agreement with the choice it makes for each "reduced problem" obtained by imagining that some claimants leave with their awards and...
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We introduce the sequential equal surplus division for sharing the total welfare resulting form the cooperation of agents along a river with a delta. This allocation rule can be seen as a generalization of the contribution vectors introduced by Ju, Borm and Ruys (2007) in the context of...
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We investigate the existence of consistent rules for the resolution of conflicting claims that generalize the Talmud rule but do not necessarily satisfy equal treatment of equal. The first approach we follow starts from the description of the Talmud rule in the two-claimant case as...
Persistent link: https://www.econbiz.de/10005178700
We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized...
Persistent link: https://www.econbiz.de/10012304467
games, there exists a solution not equal to the Core that satisfies coalitional unanimity, consistency, competition …
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the addition of Consistency and Resource Monotonicity, this characterizes a family of rules which can be described in …
Persistent link: https://www.econbiz.de/10011076672
We describe and characterize the family of asymmetric parametric division rules for the adjudication of conflicting claims on a divisible homogeneous good. As part of the characterization, we present two novel axioms which restrict how a division rule indirectly allocates between different...
Persistent link: https://www.econbiz.de/10010753432