Article ID Journal Published Year Pages File Type
5073026 Games and Economic Behavior 2006 20 Pages PDF
Abstract
We introduce a general class of rules for claims problems, called the difference rules, and demonstrate that a rule satisfies composition down and composition up if and only if it is a difference rule. We show that these rules are very simple to describe when there are two agents. In a variable population framework, we introduce a family of rules satisfying consistency, composition down, and composition up, which we term the logarithmic-proportional rules. These rules satisfy neither symmetry nor homogeneity.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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