Reflecting inequality of claims in gains and losses Academic Article

abstract

• We consider the problem of dividing a resource among a group of agents who have conflicting claims on it. We follow the axiomatic approach and investigate the class of rules satisfying claims-inequality and claims-order preservation in gains and losses. We show that these axioms single out the proportional rule when there are more than three agents. This result confirms the central role of this rule and furthers our understanding of it in claims problems. 2010 Springer-Verlag.

authors

• Velez, Rodrigo

published proceedings

• ECONOMIC THEORY

author list (cited authors)

• Kasajima, Y., & Velez, R. A.

citation count

• 6

complete list of authors

• Kasajima, Yoichi||Velez, Rodrigo A

publication date

• February 2011

publisher

• Springer Nature  Publisher

published in

• Economic Theory  Journal

keywords

• Claims Problems
• Inequality Preservation
• Lorenz Domination
• Proportional Rule

Digital Object Identifier (DOI)

• 10.1007/s00199-010-0521-6

start page

• 283

end page

• 295

volume

• 46

issue

• 2

URL

• http://dx.doi.org/10.1007/s00199-010-0521-6

user-defined tag

• 10 Reduced Inequalities