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For the problem of adjudicating conflicting claims, we propose the following method to extend a lower bound rule: (i) for each problem, assign the amounts recommended by the lower bound rule and revise the problem accordingly; (ii) assign the amounts recommended by the lower bound rule to the...
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This paper argues that MIKTA (Mexico, Indonesia, South Korea, Turkey, and Australia) are middle, regional, and constructive powers that can serve as providers of global governance in the international system. In order to support this idea, the paper first reviews the literature on these...
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For the problem of adjudicating conflicting claims, we consider the requirement that each agent should receive at least 1/n his claim truncated at the amount to divide, where n is the number of claimants (Moreno-Ternero and Villar, 2004a). We identify two families of rules satisfying this bound....
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In economics the main efficiency criterion is that of Pareto-optimality. For problems of distributing a social endowment a central notion of fairness is no-envy (each agent should receive a bundle at least as good, according to her own preferences, as any of the other agent's bundle). For most...
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For the problem of adjudicating conflicting claims, we consider the requirement that each agent should receive at least 1/n his claim truncated at the amount to divide, where n is the number of claimants (Moreno-Ternero and Villar, 2004a). We identify two families of rules satisfying this bound....
Persistent link: https://www.econbiz.de/10005753153