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We explore in this paper the axiomatic approach to the problem of sharing the revenue from museum passes. We formalize two models for this problem on the grounds of two different informational bases. In both models, we provide axiomatic rationale for natural rules to solve the problem. We,...
Persistent link: https://www.econbiz.de/10011190613
We explore in this paper the axiomatic approach to the problem of sharing the revenue from bundled pricing. We formalize two models for this problem on the grounds of two different informational bases. In both models, we provide axiomatic rationale for natural rules to solve the problem. We,...
Persistent link: https://www.econbiz.de/10010875542
Resource egalitarianism and welfare egalitarianism are two focal conceptions of distributive justice. We show in this paper that they share a solid common ground. To do so, we analyze a simple model of resource allocation in which agentsʼ abilities (to transform the resource into an...
Persistent link: https://www.econbiz.de/10011049706
We consider the problem of distributing the proceeds generated from a joint venture in which the participating agents are hierarchically organized. We characterize a family of allocation rules ranging from the so-called zero-transfer rule (which awards agents in the hierarchy their individually...
Persistent link: https://www.econbiz.de/10011171784
Resource egalitarianism and welfare egalitarianism are two focal conceptions of distributive justice. We show in this paper that they share a solid common ground. To do so, we analyze a simple model of resource allocation in which agents’ abilities (to transform the resource into an...
Persistent link: https://www.econbiz.de/10009644864
In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting claims, Journal of Economic Theory 143 (2008) 177-198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting claims. They focussed on three operators in order to...
Persistent link: https://www.econbiz.de/10014186507
The ethic of priority is a compromise between the extremely compensatory ethic of outcome equality and the needs-blind ethic of resource equality. We propose an axiom of priority and characterize resource-allocation rules that are impartial, prioritarian, and solidaristic. They comprise a class...
Persistent link: https://www.econbiz.de/10014052852
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