EGALITARIAN RULES IN CLAIMS PROBLEMS WITH INDIVISIBLE GOODS

Carmen Herrero () and Ricardo Martínez
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Ricardo Martínez: Universidad de La Rioja
Authors registered in the RePEc Author Service: Ricardo Martinez and Ricardo Martinez ()

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: In this work we deal with rationing problems. In particular with claims problems with indivisible goods, that is, 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 satisfy agents' demands. We define discrete rules to solve those problems that involve notions of fairness similar to those supporting the constrained-equal awards and the constrained-equal losses rules in the continuous case. Axiomatic characterizations of those solutions are provided.

Keywords: indivisible goods; claims problems; equal awards solution; equal losses solution. (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2004-05
New Economics Papers: this item is included in nep-cdm
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:2004-20

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