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modern microeconomic thinking to distributive justice. Taking the modern axiomatic approach, it compares normative arguments … of distributive justice and their relation to efficiency and collective welfare. The book begins with the epistemological … status of the axiomatic approach and the four classic principles of distributive justice: compensation, reward, exogenous …
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In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the …
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We experimentally investigate four allocation mechanisms - all based on the fair division approach, with varying bid elicitation methods and price rules - in terms of their allocation efficiency, distributional effects, and regularities in individual bidding behavior. In a repeated design, an...
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In a subjective claims problem several agents have contributed to the production of a cake which is to be divided among them. Since contributions are difficult to compare and the production function is nonlinear, agents'subjective evaluations of claims are likely to be conflicting. In a...
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