Convergence under replication of rules to adjudicate conflicting claims

نویسندگان

  • Youngsub Chun
  • William Thomson
چکیده

We study the behavior of rules for the adjudication of conflicting claims when there are a large number of claimants with small claims. We model such situations by replicating some basic problem. We show that under replication, the random arrival rule (O’Neill, 1982) behaves like the proportional rule, the rule that is the most often recommended in this context. Also, under replication, the minimal overlap rule (O’Neill, 1982) behaves like the constrained equal losses rule, the rule that selects a division at which all claimants experience equal losses subject to no-one receiving a negative amount. Journal of Economic Literature classification numbers: D63, D70.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Application of the Bankruptcy Theory and Conflicting Claims on Water Resources Allocation of Zayanderud

Solving the Water conflict and optimal allocation of common water resources are the most important service of cooperative game theory to water economics. Zayandehrud basin is the most important disputed basin in several neighboring provinces in the first class basin of Iran's central plateau. The purpose of this research is to use the game theory with application of Bankruptcy approach (conflic...

متن کامل

Two 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 ...

متن کامل

Claims and Jurisdictions in Medical Matters Disputes

Medical claims are all disputes that are somehow related to the medical and related matters so its subject is wide-ranging. These are civil, criminal and diciplinair medical cases, and due to the multy natures of such cases, we are likely to see numerous authorities to them. Furthermore, here expert medical expertise and expert opinion play an important role, but the rules are somewhat conflict...

متن کامل

From Bargaining Solutions to Claims Rules: A Proportional Approach

Agents involved in a conflicting claims problem may be concerned with the proportion of their claims that is satisfied, or with the total amount they get. In order to relate both perspectives, we associate to each conflicting claims problem a bargaining-in-proportions set. Then, we obtain a correspondence between classical bargaining solutions and usual claims rules. In particular, we show that...

متن کامل

The purposes of impleader claim

Impleader claim is one of ancillary suits which permit to the parties to implead third person to the action and became that person one of parties. The Iran civil procedure code, unlike some other countries for example Lebanon no attention to purposes of Impleader claim and in Article 135 the subject is expressed in general terms. With attention to generally speaking of this Article and re...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • Games and Economic Behavior

دوره 50  شماره 

صفحات  -

تاریخ انتشار 2005