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We consider taxation of exchanges among a set of agents where each agent owns one object. Agents may have different valuations for the objects and they need to pay taxes for exchanges. We show that if a rule satisfies individual rationality, strategyproofness, constrained efficiency, weak...
Persistent link: https://www.econbiz.de/10013208817
We analyze the problem of allocating indivisible objects and monetary compensations to a set of agents. In particular, we consider envy-free and budget-balanced rules that are least manipulable with respect to agents counting or with respect to utility gains. A key observation is that, for any...
Persistent link: https://www.econbiz.de/10013208893
We propose the river pollution claims problem to distribute a limited pollution budget among agents located along a river. A key distinction with the standard claims problem is that agents are ordered and they are given priority based on their location in this order instead of their identity. We...
Persistent link: https://www.econbiz.de/10013356514
We propose the river pollution claims problem to distribute a pollution budget among agents located along a river. A key distinction with the standard claims problem is that agents are ordered exogenously. For environmental reasons, the location of pollution along the river is an important...
Persistent link: https://www.econbiz.de/10014321809
Minimum-cost spanning tree problems are well-known problems in the operations research literature. Some agents, located at different geographical places, want a service provided by a common supplier. Agents will be served through costly connections. Some part of the literature has focused,...
Persistent link: https://www.econbiz.de/10014496126
We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific attention to the strategic aspects of transboundary...
Persistent link: https://www.econbiz.de/10010491360
Agents involved in a conflicting claims problem may be concerned with the proportion of their claims that is satisfied, or with the total amount they get. In order to relate both perspectives, we associate to each conflicting claims problem a bargaining-in-proportions set. Then, we obtain a...
Persistent link: https://www.econbiz.de/10011709839
In this note we consider a society that partitions itself into disjoint jurisdictions, each choosing a location of its public project and a taxation scheme to finance it. The set of public project is multi-dimensional, and their costs could vary from jurisdiction to jurisdiction. We impose two...
Persistent link: https://www.econbiz.de/10010312438
We study information aggregation problems where to a set of measures a single measure of the same dimension is associated. The collection of measures could represent the beliefs of agents about the state of the world, and the aggregate would then represent the beliefs of the population....
Persistent link: https://www.econbiz.de/10012503027
A group of agents are waiting for their job to be processed in a facility. We assume that each agent needs the same amount of processing time and incurs waiting costs. The facility has two parallel servers, being able to serve two agents at a time. We are interested in finding the order to serve...
Persistent link: https://www.econbiz.de/10003490372