Balanced allocation methods for claims problems with indivisibilities

Carmen Herrero () and Ricardo Martinez
Authors registered in the RePEc Author Service: Ricardo Martinez () and Ricardo Martinez

No 2006066, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: We study claims problems in which a certain amount of indivisible units (of an homogeneous good) has to be distributed among a group of agents, when this amount is not enough to fully satisfy agents' demands. We are interested in finding solutions satisfying robustness and fairness properties. To do that, we define the M-down methods, which are the unique robust (composition down and consistency) and fair (balancedness or conditional full compensation ) rules. Besides, we also establish the relationships between these M-down methods and the constrained equal awards rule.

Keywords: claims problems; indivisibilities; monotonic standard; balancedness; down method (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Date: 2006-08
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Citations: View citations in EconPapers (1)

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Journal Article: Balanced allocation methods for claims problems with indivisibilities (2008)
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