Velez, Rodrigo A. - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 1, pp. 381-410
We study equitable allocation of indivisible goods and money among agents with other-regarding preferences. First, we argue that Foley's (1967) equity test, i.e., the requirement that no agent prefer the allocation obtained by swapping her consumption with another agent, is suitable for our...