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Asymmetric parametric division rules
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Stovall, John E. (2014) Asymmetric parametric division rules. Games and Economic Behavior, Volume 84 . pp. 87-110. doi:10.1016/j.geb.2013.11.006
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Official URL: http://dx.doi.org/10.1016/j.geb.2013.11.006
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.
| Item Type: | Journal Article | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HB Economic Theory | ||||||||
| Divisions: | Faculty of Social Sciences > Economics | ||||||||
| Library of Congress Subject Headings (LCSH): | Distribution (Economic theory), Claims, Fair value, Decision making -- Mathematical models | ||||||||
| Journal or Publication Title: | Games and Economic Behavior | ||||||||
| Publisher: | Elsevier | ||||||||
| ISSN: | 0899-8256 | ||||||||
| Official Date: | March 2014 | ||||||||
| Dates: |
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| Date of first compliant deposit: | 27 December 2015 | ||||||||
| Volume: | Volume 84 | ||||||||
| Page Range: | pp. 87-110 | ||||||||
| DOI: | 10.1016/j.geb.2013.11.006 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Restricted or Subscription Access |
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