Abstract:
Thomson (Consistent solutions to the problem of fair division when preferences are single-peaked, J. Econ. Theory 63 (1994), 219-245) proved that the uniform rule of fair division problem, where preferences are single-peaked, is the unique rule which is bilaterally consistent, continuous, Pareto optimal, and envy-free, in a setting of an infinite number of potential agents. We show that the uniqueness of the uniform rule is achieved without assuming continuity, even in a setting of a finite number of potential agents. A similar result is obtained by replacing envy-freeness with individual rationality from equal division.
More papers in Economic theory and game theory from Nir Dagan Address: Nir Dagan, Dept. of Economics and Management, Tel-Hai Academic College, Upper Galilee, Israel. Series data maintained by Nir Dagan ().
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