Implementability and equity in production economies with unequal skills

Kaname Miyagishima

Review of Economic Design, 2015, vol. 19, issue 3, 247-257

Abstract: In this paper, we study the problem of fair allocation in production economies where agents have different preferences and unequal production skills. We characterize the equal income Walrasian solution and the proportional solution using axioms of equity and a certain form of implementability developed by Yamada and Yoshihara (Int J Game Theory 36:85–106, 2007 ). Copyright Springer-Verlag Berlin Heidelberg 2015

Keywords: Equity; Implementability; Equal income Walrasian solution; Proportional solution; D61; D63; D71 (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10058-015-0175-8

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