FAIR ALLOCATION OF DISPUTED PROPERTIES

• 成果类型: Article
• 署名作者: Ju, Biung-Ghi; Moreno-Ternero, Juan D.
• 署名单位: Seoul National University (SNU); Universidad Pablo de Olavide; Universite Catholique Louvain
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12251
• 发表日期: 2017
• 页码: 1279-1301
• 关键词: game-theoretic analysis; taxation problems; bankruptcy; resource; EQUALITY; equity

摘要

We model problems of allocating disputed properties as generalized exchange economies. Therein, agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. We focus on market-based allocation rules that impose a two-step procedure: assignment of rights based on claims first and voluntary exchange based on the assigned rights afterward. We characterize three focal egalitarian rights-assignment rules that guarantee that the allocation rules are fair. We apply our results to problems of greenhouse gas emissions and contested water rights.