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critiques to utilitarianism by satisfying the following three fairness axioms: possibility of trade-offs sets a limit to the …
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We propose and experimentally test a mechanism for a class of principal-agent problems in which agents can observe each others' efforts. In this mechanism each player costlessly assigns a share of the pie to each of the other players, after observing their contributions, and the final...
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We model problems of allocating disputed properties as generalized exchange economies. Therein, agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. We focus on market-based allocation rules that...
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Undiscounted utilitarianism as a criterion of intergeneration justice has been questioned for different reasons: It has …
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