dc.contributor |
Universitat Rovira i Virgili. Departament d'Economia |
dc.contributor |
Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
dc.contributor.author |
Hurt, Wesley |
dc.contributor.author |
Osório, António (António Miguel) |
dc.date.accessioned |
2014-07-07T15:58:34Z |
dc.date.available |
2014-07-07T15:58:34Z |
dc.date.created |
2014-06-03 |
dc.date.issued |
2014 |
dc.identifier.uri |
http://hdl.handle.net/2072/237596 |
dc.format.extent |
30 p. |
dc.language.iso |
eng |
dc.publisher |
Universitat Rovira i Virgili. Departament d'Economia |
dc.relation.ispartofseries |
Documents de treball del Departament d'Economia;2014-14 |
dc.rights |
info:eu-repo/semantics/openAccess |
dc.rights |
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
dc.source |
RECERCAT (Dipòsit de la Recerca de Catalunya) |
dc.subject.other |
Teoria de jocs |
dc.subject.other |
Economia del benestar |
dc.subject.other |
Decisió de grup |
dc.title |
A Sequential Allocation Problem: The Asymptotic Distribution of Resources |
dc.type |
info:eu-repo/semantics/workingPaper |
dc.subject.udc |
33 - Economia |
dc.embargo.terms |
cap |
dc.description.abstract |
In this paper we consider a sequential allocation problem with n individuals. The first individual can consume any amount of some endowment
leaving the remaining for the second individual, and so on. Motivated by the
limitations associated with the cooperative or non-cooperative solutions we
propose a new approach. We establish some axioms that should be satisfied,
representativeness, impartiality, etc. The result is a unique asymptotic allocation rule. It is shown for n = 2; 3; 4; and a claim is made for general n. We
show that it satisfies a set of desirable properties.
Key words: Sequential allocation rule, River sharing problem, Cooperative
and non-cooperative games, Dictator and ultimatum games.
JEL classification: C79, D63, D74. |