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We show that a simple game form, which resembles the "Divide-and-Choose" procedure, Nash-implements the no-envy solution on domains of economies where the set of feasible allocations is symmetric (an allocation obtained from a feasible allocation by interchanging the bundles of two agents is...
Persistent link: https://www.econbiz.de/10013004096
Mankind must cooperate to reduce GHG emissions to prevent a catastrophic rise in global temperature. How can the necessary costs of reducing GHG emissions be allocated across regions of the world, within the next few generations, and simultaneously address growth expectations and economic...
Persistent link: https://www.econbiz.de/10013061728
Several authors in the economics literature have referred to Kantian behavior, informally, as a kind of cooperation. We model this notion precisely, and define two kinds of Kantian allocation. An set of strategies by players is Kantian if, informally, no player would advocate that all players...
Persistent link: https://www.econbiz.de/10014055742
The COVAX initiative has allocated over 1.9 billion units of vaccines in a centralised framework to over 150 countries towards achieving countries’ self-reported demands. However, recipient countries are not always eligible for vaccines from all sources due to export licensing restrictions or...
Persistent link: https://www.econbiz.de/10014256267