Fair Division of Indivisible Items between Two People with Identical Preferences: Envy-Freeness, Pareto-Optimality, and Equity
Steven Brams () and
Working Papers from C.V. Starr Center for Applied Economics, New York University
This paper focuses on the fair division of a set of indivisible items between two people when both have the same linear preference order on the items but may have different preferences over subsets of items. Surprisingly, divisions that are envy-free, Pareto-optimal, and ensure that the less well-off person does as well as possible (i.e., are equitable) can often be achived. Preferences between subsets are assumed to satisfy axioms of qualitative probability without implying the existence of additive utilities, which is treated as a special case.
Keywords: EQUITY; OPTIMIZATION (search for similar items in EconPapers)
JEL-codes: D63 D74 (search for similar items in EconPapers)
Pages: 25 pages
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Journal Article: Fair division of indivisible items between two people with identical preferences: Envy-freeness, Pareto-optimality, and equity (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:cvs:starer:98-20
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