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An unceasing problem of our prevailing society is the fair division of goods. The problem of proportional cake cutting focuses on dividing a heterogeneous and divisible resource, the cake, among n players who value pieces according to their own measure function. The goal is to assign each player...
Persistent link: https://www.econbiz.de/10012011614
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision.
Persistent link: https://www.econbiz.de/10009421244
given more than her initial contribution. This paper takes two non-cooperative bargaining games - the contracting game … augmented contracting game in Young’s (1993b) evolutionary bargaining model. With the augmented Nash demand game as the … underlying bargaining game, the long run outcome is the division prescribed by the constrained equal awards rule. …
Persistent link: https://www.econbiz.de/10005765153
We study the problem of dissolving an equal-entitlement partnership when the objective is to minimize maximum regret. We initially focus on the family of linear-pricing mechanisms and derive regret-optimizing strategies. We also demonstrate that there exist linear-pricing mechanisms satisfying...
Persistent link: https://www.econbiz.de/10005623247
In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the …
Persistent link: https://www.econbiz.de/10010194818
Persistent link: https://www.econbiz.de/10011704550
In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the …
Persistent link: https://www.econbiz.de/10010397143
Persistent link: https://www.econbiz.de/10011749448
In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the …
Persistent link: https://www.econbiz.de/10010839584
divide-and-choose once actors receive the possibility to deviate from the mandatory bargaining protocols of fair …
Persistent link: https://www.econbiz.de/10011136250