Convergence under replication of rules to adjudicate conflicting claims
成果类型:
Article
署名作者:
Chun, Y; Thomson, W
署名单位:
University of Rochester; Seoul National University (SNU)
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2004.01.006
发表日期:
2005
页码:
129-142
关键词:
Claims problems
replication
Random arrival rule
proportional rule
minimal overlap rule
constrained equal losses rule
摘要:
We study the behavior of rules for the adjudication of conflicting claims when there is a large number of claimants with small claims. We model such situations by replicating some basic problem. We show that under replication, the random arrival rule [Math. Soc. Sci. 2 (1982) 345] behave's like the proportional rule. the rule that is the most often recommended in this context. Also. under replication, the minimal overlap rule [Math. Soc. Sci. 2 (1982) 345] behaves like the constrained equal losses rule, the rule that selects a division at which all claimants experience equal losses subject to no-one receiving a negative amount. (C) 2004 Elsevier Inc. All rights reserved.