The sequential equal surplus division for sharing a river
AbstractWe introduce the sequential equal surplus division for sharing the total welfare resulting form the cooperation of agents along a river with a delta. This allocation rule can be seen as a generalization of the contribution vectors introduced by Ju, Borm and Ruys (2007) in the context of TU-games. We provide two axiomatic characterizations of the sequential equal surplus division.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 37346.
Date of creation: 14 Mar 2012
Date of revision:
Amalgamation ; Consistency ; Fairness ; Sequential Equal Surplus Division ; Sharing a river;
Find related papers by JEL classification:
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
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