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In this work we deal with rationing problems. In particular with claims problems with indivisible goods, that is, problems in which a certain amount of indivisible units (of an homogeneous good), has to be distributed among a group of agents, when this amount is not enough to satisfy agents'...
Persistent link: https://www.econbiz.de/10005212614
For the problem of adjudicating conflicting claims, we study lower bounds on the awards of each agent. We propose extending a lower bound by performing the following operation: (i) for each problem, assign the lower bound and revise the problem accordingly; (ii) assign the bound of the revised...
Persistent link: https://www.econbiz.de/10005220160
This paper reports an experimental study on three well known solutions for claims problems, that is, the constrained equal-awards, the proportional, and the constrained equal-losses rules. To do this, we first let subjects play three games designed such that the unique equilibrium allocation...
Persistent link: https://www.econbiz.de/10005342228
A conflicting claims problem arises when a group of agents have claims over a resource that add up to more than it is available. Typical situations are the division of property among heirs, bankruptcy problems, tax distribution, or the global emissions budget. This paper introduces the R package...
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Due to the challenge of global warming, the European Union (EU) signed the Paris Agreement (2015) to diminish total Greenhouse Gas (GHG) emissions. This paper addresses the conflict that EU member states face when they want to follow the target of the Paris Agreement for the period 2021-2030...
Persistent link: https://www.econbiz.de/10014420244
We study the behavior of rules for the adjudication of con°icting claims when there are a large number of claimants with small claims. We model such situations by replicating some basic problem. We show that under replication, the random arrival rule (O'Neill, 1982) behaves like the...
Persistent link: https://www.econbiz.de/10005808145