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In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10010317063
In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10009506437
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The division problem consists of allocating a given amount of an homogeneous and perfectly divisible good among a group of agents with singlepeaked preferences on the set of their potential shares. A rule proposes a vector of shares for each division problem. Most of the literature has...
Persistent link: https://www.econbiz.de/10010317137
The division problem consists of allocating a given amount of an homogeneous and perfectly divisible good among a group of agents with singlepeaked preferences on the set of their potential shares. A rule proposes a vector of shares for each division problem. Most of the literature has...
Persistent link: https://www.econbiz.de/10009506464
For division problems with single-peaked preferences, we show that all sequential allotment rules, a large subfamily of strategy-proof and efficient rules, are also obviously strategy-proof. Although obvious strategy-proofness is, in general, more restrictive than strategy-proofness, this is not...
Persistent link: https://www.econbiz.de/10014325261
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