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A unifying framework for the problem of adjudicating conflicting claims

Author

Listed:
  • Jens L. Hougaard

    (Department of Food and Resource Economics, University of Copenhagen)

  • Juan D. Moreno-Ternero

    (Department of Economics, Universidad Pablo de Olavide; CORE, Université catholique de Louvain)

  • Lars P. Osterdal

    (Department of Business and Economics, University of Southern Denmark)

Abstract

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.

Suggested Citation

  • Jens L. Hougaard & Juan D. Moreno-Ternero & Lars P. Osterdal, 2012. "A unifying framework for the problem of adjudicating conflicting claims," Working Papers 12.01, Universidad Pablo de Olavide, Department of Economics.
    • Handle: RePEc:pab:wpaper:12.01
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    rationing; operators; baselines; composition; claims;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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