Two Characterizations of the Uniform Rule for Division Problems with Single-Peaked Preferences
AbstractThe uniform rule is considered to be the most important rule for the problem of allocating an amount of a perfectly divisible good between agents who have single-peaked preferences. The uniform rule was studied extensively in the literature and several characterizations were provided. The aim of this paper is to provide two different formulations and corresponding axiomatizations of the uniform rule. These formulations resemble the Nash and the lexicographic egalitarian bargaining solutions; the corresponding axiomatizations are based on axioms of independence of irrelevant alternatives and restricted monotonicity.
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Bibliographic InfoPaper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 5108.
Date of creation: 01 Jan 1996
Date of revision:
Publication status: Published in Economic Theory 1996, vol. 7, pp. 291-306
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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
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Web page: http://www.econ.iastate.edu
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Other versions of this item:
- Hans Peters & Gert-Jan Otten & Oscar Volij, 1996. "Two characterizations of the uniform rule for division problems with single-peaked preferences (*)," Economic Theory, Springer, vol. 7(2), pages 291-306.
- Otten, G.J. & Peters, H. & Volij, O., 1994. "Two Characterizations of the Uniform Rule for Division Problems with Single-Peaked Preferences," Discussion Paper 1994-49, Tilburg University, Center for Economic Research.
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- Youngsub Chun, 2006. "The Separability Principle in Economies with Single-Peaked Preferences," Social Choice and Welfare, Springer, vol. 26(2), pages 239-253, April.
- Schummer, James & Thomson, William, 1997.
"Two derivations of the uniform rule and an application to bankruptcy,"
Elsevier, vol. 55(3), pages 333-337, September.
- Schummer, J. & Thomson, W., 1996. "Two Derivations of the Uniform Rule and an Application to Bankruptcy," RCER Working Papers 423, University of Rochester - Center for Economic Research (RCER).
- Shuhei Morimoto & Shigehiro Serizawa & Stephen Ching, 2009.
"A Characterization of the Uniform Rule with Several Commodities and Agents,"
ISER Discussion Paper
0769, Institute of Social and Economic Research, Osaka University.
- Shuhei Morimoto & Shigehiro Serizawa & Stephen Ching, 2013. "A characterization of the uniform rule with several commodities and agents," Social Choice and Welfare, Springer, vol. 40(3), pages 871-911, March.
- Thomson, William, 1997. "The Replacement Principle in Economies with Single-Peaked Preferences," Journal of Economic Theory, Elsevier, vol. 76(1), pages 145-168, September.
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