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A unifying framework for the problem of adjudicating conflicting claims

  • Jens L. Hougaard

    ()

    (University of Copenhagen)

  • Juan D. Moreno-Ternero

    ()

    (Department of Economic Theory, Universidad de Málaga)

  • Lars P. Østerdal

    ()

    (University of Copenhagen)

In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting claims. They focussed on three operators in order to uncover the structure of such a space. In this paper, we generalize their analysis upon presenting and studying a general family of operators inspired by three apparently unrelated approaches to the problem of adjudicating conflicting claims. We study the structural properties of this family and show, in particular, that most of Thomson and Yeh’s results are specific cases of our study.

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File URL: http://webdeptos.uma.es/THEconomica/malagawpseries/Papers/METCwp2011-3.pdf
File Function: First version, 2011
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Paper provided by Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center in its series Working Papers with number 2011-03.

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Length: 25 pages
Date of creation: Apr 2011
Date of revision:
Handle: RePEc:mal:wpaper:2011-3
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  1. Aumann, Robert J. & Maschler, Michael, 1985. "Game theoretic analysis of a bankruptcy problem from the Talmud," Journal of Economic Theory, Elsevier, vol. 36(2), pages 195-213, August.
  2. Juan D Moreno-Ternero & John E Roemer, 2006. "Impartiality, Priority, and Solidarity in the Theory of Justice," Econometrica, Econometric Society, vol. 74(5), pages 1419-1427, 09.
  3. Hougaard, Jens Leth & Moreno-Ternero, Juan D. & Østerdal, Lars Peter, 2012. "Rationing in the presence of baselines," Discussion Papers of Business and Economics 8/2012, Department of Business and Economics, University of Southern Denmark.
  4. Hervé Moulin, 2000. "Priority Rules and Other Asymmetric Rationing Methods," Econometrica, Econometric Society, vol. 68(3), pages 643-684, May.
  5. Ju, Biung-Ghi & Miyagawa, Eiichi & Sakai, Toyotaka, 2007. "Non-manipulable division rules in claim problems and generalizations," Journal of Economic Theory, Elsevier, vol. 132(1), pages 1-26, January.
  6. MORENO-TERNERO, Juan D. & VILLAR, Antonio, . "The TAL-family or rules for bankruptcy problems," CORE Discussion Papers RP -1897, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  7. repec:cup:cbooks:9780521887427 is not listed on IDEAS
  8. Jens L. Hougaard & Juan D. Moreno-Ternero & Lars P. Østerdal, 2011. "Baseline Rationing," Working Papers 2011-04, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
  9. Diego Dominguez & William Thomson, 2004. "A New Solution to the Problem of Adjudicating Conflicting Claims," RCER Working Papers 511, University of Rochester - Center for Economic Research (RCER).
  10. Toru Hokari & William Thomson, 2007. "On properties of division rules lifted by bilateral consistency," RCER Working Papers 536, University of Rochester - Center for Economic Research (RCER).
  11. William Thomson & Chun-Hsien Yeh, 2006. "Operators for the adjudication of conflicting claims," RCER Working Papers 531, University of Rochester - Center for Economic Research (RCER).
  12. Moreno-Ternero, Juan D. & Villar, Antonio, 2004. "The Talmud rule and the securement of agents' awards," Mathematical Social Sciences, Elsevier, vol. 47(2), pages 245-257, March.
  13. Thomson, William, 2011. "Chapter Twenty-One - Fair Allocation Rules," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 2, chapter 21, pages 393-506 Elsevier.
  14. Young, H. P., 1988. "Distributive justice in taxation," Journal of Economic Theory, Elsevier, vol. 44(2), pages 321-335, April.
  15. repec:cup:cbooks:9780521681599 is not listed on IDEAS
  16. repec:cup:cbooks:9780521715348 is not listed on IDEAS
  17. Diego Dominguez, 2007. "Lower bounds and recursive methods for the problem of adjudicating conflicting claims," Working Papers 0705, Centro de Investigacion Economica, ITAM.
  18. Thomson, W., 1996. "Consistent Allocation Rules," RCER Working Papers 418, University of Rochester - Center for Economic Research (RCER).
  19. Moulin, Herve, 2002. "Axiomatic cost and surplus sharing," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 1, chapter 6, pages 289-357 Elsevier.
  20. Duranton, Gilles & Martin, Philippe & Mayer, Thierry & Mayneris, Florian, 2010. "The Economics of Clusters: Lessons from the French Experience," OUP Catalogue, Oxford University Press, number 9780199592203, March.
  21. Thomson, William, 2003. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: a survey," Mathematical Social Sciences, Elsevier, vol. 45(3), pages 249-297, July.
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