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We consider the problem of fairly allocating a bundle of infinitely divisible goods among a group of agents with “classical” preferences. We propose to measure an agentʼs “sacrifice” at an allocation by the size of the set of feasible bundles that the agent prefers to her consumption....
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We study equitable allocation of indivisible goods and money among agents with other-regarding preferences. First, we argue that Foley's (1967) equity test, i.e., the requirement that no agent prefer the allocation obtained by swapping her consumption with another agent, is suitable for our...
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