Showing 51 - 60 of 151
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...
Persistent link: https://www.econbiz.de/10014505377
Persistent link: https://www.econbiz.de/10014547200
Persistent link: https://www.econbiz.de/10014248367
Persistent link: https://www.econbiz.de/10014328614
Persistent link: https://www.econbiz.de/10014335560
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
For the problem of adjudicating conflicting claims, we offer simple criteria to compare rules on the basis of the Lorenz order. These criteria pertain to three families of rules. The first family contains the constrained equal awards, constrained equal losses, Talmud, and minimal overlap rules...
Persistent link: https://www.econbiz.de/10005808161
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/10005808185
This paper reports an experimental study on three well-known solutions for problems of adjudicating conflicting claims: the constrained equal awards, the proportional, and the constrained equal losses rules. We first let subjects play three games designed such that the unique equilibrium...
Persistent link: https://www.econbiz.de/10008513037