Non-manipulable division rules in claim problems and generalizations

Biung Ghi Ju, Eiichi Miyagawa, Toyotaka Sakai

研究成果: Article査読

53 被引用数 (Scopus)

抄録

When resources are divided among agents, the characteristics of the agents are taken into consideration. A simple example is the bankruptcy problem, where the liquidation value of a bankrupt firm is divided among the creditors based on their claims. We characterize division rules under which no group of agents can increase the total amount they receive by transferring their characteristics within the group. By allowing agents' characteristics to be multi-dimensional and choosing the meaning of variables appropriately, our model can subsume a number of existing and new allocation problems, such as cost sharing, social choice with transferable utilities, income redistribution, bankruptcy with multiple types of assets, probability updating, and probability aggregation. A number of existing and new results in specific problems are obtained as corollaries.

本文言語English
ページ(範囲)1-26
ページ数26
ジャーナルJournal of Economic Theory
132
1
DOI
出版ステータスPublished - 2007 1
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学

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