Additivity, Bounds, and Continuity in Budget Distribution Problem

Tomoichi Shinotsuka

ビジネス創造センターディスカッション・ペーパー (Discussion papers of the Center for Business Creation) from Otaru University of Commerce

Abstract: In this paper, we consider the budget distribution problems defined by Herrero et al. [1999]. We provide axiomatic characterizations of the rights-weighted solution, introduced by Bergantinos and Mendez-Naya [1999], and pseudo rights-weighted solution both of which are generalizations of the right-egalitarian solution due to Herrero et al.. The functional equation approach produces sharper results with simpler proofs.

Keywords: Budget distribution problem; rights-egalitarian solution; rights-weighted solution; pseudo rights-weighted soluition; additivity (search for similar items in EconPapers)
Pages: 6 pages
Date: 2001-12
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Published in Discussion paper series (2001), 76: 1-6

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Persistent link: https://EconPapers.repec.org/RePEc:ota:busdis:10252/4262

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