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The Allocation Problem

Anatol Rapoport

Chapter 17 in Decision Theory and Decision Behaviour, 1998, pp 354-365 from Palgrave Macmillan

Abstract: Abstract The simplest allocation problem is that of dividing something between two persons in a way that appears, according to certain criteria, to be ‘fair’. For example, in dividing an apple between two children, it seems fair to give one half to each. Since, however, it may not be easy to divide the apple into two exactly equal parts, one or the other recipients may complain.

Keywords: Allocation Problem; Collective Decision; Grand Coalition; Cost Allocation; Social Choice Function (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37776-9_18

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DOI: 10.1057/9780230377769_18

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