The Role of Replication-Invariance: Two Answers Concerning the Problem of Fair Division When Preferences Are Single-Peaked
We consider the problem of allocating an infinitely divisible commodity among a group of agents with single-peaked preferences. A rule that has played a central role in the previous analysis of the problem is the so-called uniform rule. Thomson (1995b) proved that the uniform rule is the only rule satisfying Pareto optimality, no-envy, one-sided population-monotonicity, and replication-invariance. Replacing one-sided population-monotonicity by one-sided replacement-domination yields another characterization of the uniform rule (Thomson, 1997a). Until now, the independence of replication-invariance from the other properties in these characterizations was an open problem. In this note we prove this independence by means of a single example.
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Volume (Year): 10 (2010)
Issue (Month): 1 (April)
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- Thomson, W, 1995.
"The Replacement Principle in Economies with Indivisible Goods,"
RCER Working Papers
403, University of Rochester - Center for Economic Research (RCER).
- William Thomson, 1997. "The replacement principle in economies with indivisible goods," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 15(1), pages 57-66.
- Thomson William, 1994. "Consistent Solutions to the Problem of Fair Division When Preferences Are Single-Peaked," Journal of Economic Theory, Elsevier, vol. 63(2), pages 219-245, August.
- 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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