Dorothea Herreiner () (Department of Economics, University of Bonn, Adenauerallee 24-42, 53113 Bonn, Germany) Clemens Puppe () (Department of Economics, University of Bonn, Adenauerallee 24-42, 53113 Bonn, Germany)
Additional information is available for the following
registered author(s):
The paper investigates how far a particular procedure, called the "descending demand procedure," can take us in finding equitable allocations of indivisible goods. Both interpersonal and intrapersonal criteria of equitability are considered. It is shown that the procedure generally fares well on an interpersonal criterion of "balancedness"; specifically, the resulting allocations are Pareto-optimal and maximize the well-being of the worst-off individual. As a criterion of intrapersonal equitability, the property of envy-freeness is considered. To accommodate envy-freeness, a modification of the basic procedure is suggested. With two individuals, the modified procedure is shown to select the envy-free allocations that are balanced, i.e. the allocations that maximize the well-being of the worse-off individual among all envy-free allocations.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
For technical questions regarding this item, or to correct its listing, contact: (Christopher F Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Brams, S. J. & Eldelman, P. H. & Fishburn, P. C., 2000.
"Paradoxes of Fair Division,"
Working Papers
00-13, C.V. Starr Center for Applied Economics, New York University.
[Downloadable!]