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Camp David: Was the Agreement Fair?

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  • Brams, Steven J.
  • Togman, Jeffrey M.

Abstract

The agreement between Egypt and Israel at Camp David in 1978 is used to illustrate how a fair-division procedure called Adjusted Winner (AW), in which two sides allocate 100 points over the issues that divide them, could have been used to reach a settlement. AW satisfies the properties of envy-freeness (each side is ensured of receiving at least 50 of its points and hence does not envy the other side), equitability (each side receives the same number of points over 50), and efficiency (there is no other settlement better for both players). While the actual agreement at Camp David seems to reflect quite well what AW would have yielded on the six issues that divided the two sides, this agreement probably could have been achieved more expeditiously, and in a less crisis-driven atmosphere, if AW had been used.

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Bibliographic Info

Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number 96-04.

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Length: 24 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:cvs:starer:96-04

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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
Phone: (212) 998-8936
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Web page: http://econ.as.nyu.edu/object/econ.cvstarr.html
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Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012
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Related research

Keywords: Bargaining; envy-freeness; fair division; territorial disputes;

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