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We study claims problems in which a certain amount of indivisible units (of an homogeneous good) has to be distributed among a group of agents, when this amount is not enough to fully satisfy agents' demands. We are interested in finding solutions satisfying robustness and fairness properties....
Persistent link: https://www.econbiz.de/10005042906
This paper reports an experimental study on three well-known solutions for problems of adjudicating con icting claims: the constrained equal-awards, the proportional, and the constrained equal-losses rules. We first let subjects play three games designed such that the unique equilibrium...
Persistent link: https://www.econbiz.de/10005042979