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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. ISSN 0899-8256

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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:

Date	Event
March 2014	Published
6 December 2013	Available
22 March 2012	Submitted

Volume:

Volume 84

Page Range:

pp. 87-110

Identification Number:

10.1016/j.geb.2013.11.006

Status:

Peer Reviewed

Publication Status:

Published

Access rights to Published version:

Restricted or Subscription Access

References:

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