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On properties of division rules lifted by bilateral consistency

Toru Hokari and William Thomson

No 536, RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: We consider the problem of adjudicating conflicting claims in the context of a variable population. A property of rules is "lifted" if whenever a rule satisfies it in the two-claimant case, and the rule is bilaterally consistent, it satisfies it for any number of claimants. We identify a number of properties that are lifted, such as equal treatment of equals, resource monotonicity, composition down and composition up, and show that continuity, anonymity and self-duality are not lifted. However, each of these three properties is lifted if the rule is resource monotonic.

Keywords: claims problems; consistency; lifting; constrained equal awards rule; constrained equal losses rule (search for similar items in EconPapers)
JEL-codes: C79 D63 D74 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth
Date: 2007-12
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