This paper studies the notion of fairness in pure exchange economies involving uncertainty and asymmetric information. We propose a new concept of coalitional fair allocation in order to solve the tension that may exist between efficiency and envy-freeness when the equity of allocations is...

In this paper we propose a concept of coalitional fair allocation in order to solve the tension that may exist between efficiency and envy-freeness when agents are asymmetrically informed and the equity of allocations is evaluated at the interim stage. Copyright Springer-Verlag Wien 2014

This paper studies the notion of fairness in coalitional pure exchange economies involving uncertainty and asymmetric information. We propose a new concept of coalitional fair allocations and study the relationships with the notions of competitive equilibria. Finally we compare individual and...