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Title: | Problems of fair division and the egalitarian solution: a reconsideration |
Authors: | Lahiri, Somdeb |
Keywords: | Axiomatic - Characterization |
Issue Date: | 16-Jan-2010 |
Series/Report no.: | WP;99-10-07/1552 |
Abstract: | The present paper attempts to provide simple proofs of two theorems in the literature of axiomatic bargaining with a variable population. Both theorems deal with axiomatic characterizations of the egalitarian solution due to Kalai (1997), in the variable population framework. The egalitarian solution assigns to a bargaining problem (arising out of the problem of dividing a bundle of goods amongst a finite number of agents) the utility allocation which is both Weakly Pareto Optimal and has equal coordinates. There are several exhaustive treatments of the central issues in axiomatic bargaining with a variable population, notably Thomson and Lensberg (1985). The origins of this line of speech can be traced to Thomson (1983a). |
URI: | http://hdl.handle.net/11718/755 |
Appears in Collections: | Working Papers |
Files in This Item:
File | Description | Size | Format | |
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WP 1999_1552.pdf | 345.95 kB | Adobe PDF | View/Open |
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