Balanced allocation methods for claims problems with indivisibilities
We study claims problems in which a certain amount of indivisible units (of an homogeneous good) has to be distributed among a group of agents, when this amount is not enough to fully satisfy agents' demands. We are interested in finding solutions satisfying robustness and fairness properties. To do that, we define the M-down methods, which are the unique robust (composition down and consistency) and fair (balancedness or conditional full compensation ) rules. Besides, we also establish the relationships between these M-down methods and the constrained equal awards rule.
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- Moulin, Herve, 1985.
"Egalitarianism and Utilitarianism in Quasi-linear Bargaining,"
Econometric Society, vol. 53(1), pages 49-67, January.
- Moulin Herve, 1984. "Egalitarianisme and utilitarianism in quasi-linear bargaining," CEPREMAP Working Papers (Couverture Orange) 8417, CEPREMAP.
- Juan Moreno-Ternero & Antonio Villar, 2006. "New characterizations of a classical bankruptcy rule," Review of Economic Design, Springer;Society for Economic Design, vol. 10(2), pages 73-84, August.
- MORENO-TERNERO, Juan D. & VILLAR, Antonio, "undated". "New characterizations of a classical bankruptcy rule," CORE Discussion Papers RP 1926, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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- Hervé Moulin, 2000. "Priority Rules and Other Asymmetric Rationing Methods," Econometrica, Econometric Society, vol. 68(3), pages 643-684, May. Full references (including those not matched with items on IDEAS)