Showing 1 - 10 of 12
This paper analyzes a family of rules for bankruptcy problems that generalizes the so-called reverse Talmud rule and encompasses both the constrained equal-awards rule and the constrained equal-losses rule. The family, introduced by van den Brink et al., [Characterization of the reverse Talmud...
Persistent link: https://www.econbiz.de/10011586723
In this paper, we propose a new approach to address the problem of designing pharmaceutical copayments. The rationale for positive copayments in our setting lies in the presence of budgetary constraints and, hence, in the need to raise funds in order to finance the costs of the treatments. We...
Persistent link: https://www.econbiz.de/10014496113
We provide three alternative characterizations of the proportional solution defined on compact and comprehensive bargaining problems with claims that are not necessarily convex. One characterization result is obtained by using, together with other standard axioms, two solidarity axioms. Another...
Persistent link: https://www.econbiz.de/10010280758
Mediation is a dispute resolution process whereby agents reach a mutually acceptable agreement among different proposals that satisfy a set of principles. This paper provides a natural way of coming to such agreements in claims problems. In our approach, mediation combines (i) a set of fair...
Persistent link: https://www.econbiz.de/10011650291
We provide a characterization of the generalised satisfaction - in our terminology nondeprivation - quasi-ordering introduced by S.R. Chakravarty (Keio Economic Studies 34 (1997), 17-32) for making welfare comparisons based on the absence of deprivation. We show that the non-deprivation...
Persistent link: https://www.econbiz.de/10010335534
I study the problem of allocating objects among agents without using money. Agents can receive several objects and have dichotomous preferences, meaning that they either consider objects to be acceptable or not. In this set-up, the egalitarian solution is more appealing than the competitive...
Persistent link: https://www.econbiz.de/10011946256
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10011968393
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations two alternative sequences of...
Persistent link: https://www.econbiz.de/10010269185
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10010269554
The distribution of gross income net of taxes and transfers - or equivalenty consumption - is generally considered a reasonable approximation of the distribution of well-being in the society. One typically observes differing trends in the distribution of gross incomes across countries or within...
Persistent link: https://www.econbiz.de/10010435661