Operators for the adjudication of conflicting claims
نویسندگان
چکیده
منابع مشابه
Operators for the adjudication of conflicting claims
We consider the problem of allocating some amount of an infinitely divisible and homogeneous resource among agents having claims on this resource that cannot be jointly honored. A “rule” associates with each such problem a feasible division. Our goal is to uncover the structure of the space of rules. For that purpose, we study “operators” on the space, that is, mappings that associate to each r...
متن کاملTwo families of rules for the adjudication of conflicting claims
We define two families of rules to adjudicate conflicting claims. The first family contains the constrained equal awards, constrained equal losses, Talmud, and minimal overlap rules. The second family, which also contains the constrained equal awards and constrained equal losses rules, is obtained from the first one by exchanging, for each problem, how well agents with relatively larger claims ...
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This paper reports an experimental study on three well-known solutions for problems of adjudicating conicting claims: the constrained equal-awards, the proportional, and the constrained equal-losses rules. We rst let subjects play three games designed such that the unique equilibrium allocation coincides with the recommendation of one of these three rules. In addition, we let subjects play an...
متن کاملUNIVERSITY OF ROCHESTER Operators for the Adjudication of Conflicting
We consider the problem of dividing some amount of an infinitely divisible and homogeneous resource among agents having claims on this resource that cannot be jointly honored. A “rule” associates with each such problem a feasible division. Our goal is to uncover the structure of the space of rules. For that purpose, we study “operators” on the space, that is, mappings that associate to each rul...
متن کاملGroup order preservation and the proportional rule for the adjudication of conflicting claims
We investigate the existence of rules for the adjudication of conflicting claims satisfying ‘group order preservation’: given two groups of claimants, suppose that the sum of the claims of the members of the first group is greater than or equal to the sum of the claims of the members of the second group. Then, similar inequalities should hold for the sums of the awards to the members of the two...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2008
ISSN: 0022-0531
DOI: 10.1016/j.jet.2007.12.005