Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
972925 | Mathematical Social Sciences | 2012 | 6 Pages |
Abstract
⺠We consider estate division problems, a generalization of bankruptcy problems, in which a positive-valued estate has to be divided among a set of agents. ⺠We show that for any claim game based on a (estate division) rule satisfying efficiency, equal treatment of equals, and order preservation of awards, all (pure strategy) Nash equilibria induce equal division. ⺠All our results point towards the same intuitive message: if it is impossible or difficult to test the legitimacy of claims, the conflict will escalate to the highest possible level and equal division is the “non-discriminating” outcome in Nash equilibrium.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Itai Ashlagi, Emin KaragözoÄlu, Bettina Klaus,