Efficient Solutions to Multidimensional Claims Problem
Sijia Xu and
Peng Liu ()
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Sijia Xu: East China University of Science and Technology, Shanghai 200237, China
Peng Liu: East China Normal University, Shanghai 200062, China
Games, 2025, vol. 16, issue 5, 1-9
Abstract:
In this paper, we study the multidimensional claims problem and introduce the eating algorithm to this problem. It is shown that a solution is efficient if and only if it is the outcome of the eating algorithm with a profile of specific eating functions. Moreover, we adapt three classical solutions, i.e., the constrained equal awards rule, constrained equal losses rule, and proportional rule, to the current setting and show that they are special cases of the eating algorithm with specific eating functions.
Keywords: multidimensional claims problem; efficiency; eating algorithm (search for similar items in EconPapers)
JEL-codes: C C7 C70 C71 C72 C73 (search for similar items in EconPapers)
Date: 2025
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