We consider a simple model of the competitive screening of students by schools and colleges. Students apply to schools which then perform costly screening procedures of the applicants to select those with high ability. Students who receive more than one offer may choose among those. Colleges...

We examine a chain of sequential losses: an agent causes a loss to another, which triggers a loss to a third, and so forth. Our objective is to redistribute the losses fairly, taking into account that the chain turns "victim" to "injurer" in its subsequent step. This opens up for many...

When losses caused by one agent onto another triggers losses to a third, "victim" turns into "injurer" in the chain's subsequent steps. Should agents be responsible for the direct loss they cause or also bear some of the indirect losses they trigger? Through an axiomatic approach, we...