Non-manipulable division rules in claim problems and generalizations

• 成果类型: Article
• 署名作者: Ju, Biung-Ghi; Miyagawa, Eiichi; Sakai, Toyotaka
• 署名单位: University of Kansas; Columbia University; Yokohama City University
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2005.08.003
• 发表日期: 2007
• 页码: 1-26
• 关键词: bankruptcy problem; proportional rule; No advantageous reallocation; manipulation via merging or splitting; Reallocation-proofness; bayes rule; linear opinion pool; flat tax

摘要

When resources are divided among agents, the characteristics of the agents are taken into consideration. A simple example is the bankruptcy problem, where the liquidation value of a bankrupt firm is divided among the creditors based on their claims. We characterize division rules under which no group of agents can increase the total amount they receive by transferring their characteristics within the group. By allowing agents' characteristics to be multi-dimensional and choosing the meaning of variables appropriately, our model can subsume a number of existing and new allocation problems, such as cost sharing, social choice with transferable utilities, income redistribution, bankruptcy with multiple types of assets, probability updating, and probability aggregation. A number of existing and new results in specific problems are obtained as corollaries. (c) 2005 Elsevier Inc. All rights reserved.