Asymmetric Parametric Division Rules
AbstractWe describe and characterize the family of asymmetric parametric division rules for the adjudication of con icting claims on a divisible homogeneous good. As part of the characterization, we present two novel axioms which restrict how a division rule indirectly allocates between different versions of the same claimant. We also show that such division rules can alternately be represented as the maximization of an additively separable social welfare function JEL classification: JEL codes:
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Bibliographic InfoPaper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 1012.
Date of creation: 2013
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