Article ID Journal Published Year Pages File Type
5071826 Games and Economic Behavior 2014 24 Pages PDF
Abstract
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 versions of the same claimant. We also show that such division rules can alternately be represented as the maximization of an additively separable social welfare function.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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