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Equal opportunity equivalence in land division
- Source :
- SERIEs. 3:133-142
- Publication Year :
- 2011
- Publisher :
- Springer Science and Business Media LLC, 2011.
-
Abstract
- In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents’ preferences. The solution must be fair and efficient under the constraint of the limited information available to the arbitrator. To this scope, we propose to use the concept of equal-opportunity equivalence defined by Thomson (Soc Choice Welfare 11:137–156 1994). We prove the existence of an efficient and equal opportunity equivalent allocation for a land division problem and we present a simple procedure to implement a rule that selects such allocation at each preference profile.
- Subjects :
- Spieltheorie
egalitarism
land division
fairness
implementation
fair division
Microeconomics
equity
Gerechtigkeit
EGALITARISMO
Simple (abstract algebra)
ddc:330
C70
Economics
FAIR DIVISION
D30
Preference (economics)
Equivalence (measure theory)
Bodennutzung
Equity (economics)
Scope (project management)
Division (mathematics)
GAME THEORY
Constraint (information theory)
Allokation
EQUITY
D63
General Economics, Econometrics and Finance
Mathematical economics
Fair division
Subjects
Details
- ISSN :
- 18694195 and 18694187
- Volume :
- 3
- Database :
- OpenAIRE
- Journal :
- SERIEs
- Accession number :
- edsair.doi.dedup.....4d014a3befcb653db8938187ba6b6cc7
- Full Text :
- https://doi.org/10.1007/s13209-011-0069-0