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Supporting line property and the additive choice function for two dimensional choice problems
(2010-04-03)
In this paper, we provide an axiomatic characterization of the additive choice function using the additivity property due to Myerson (1981). It is seen that along with Pareto Optimality, symmetry, and a supporting line ...
Some properties of solutions for two dimensional choice problems reconsidered
(2010-04-03)
In this paper, we take up the outstanding problem of axiomatically characterizing what we have referred to in the paper as the additive choice function on the classical domain for choice problems. Apart from an impossibility ...
Share equivalent and equitarian allocations for problems of fair division
(2010-07-27)
In this paper we begin with a given social endowment. A profile of shares (which could very well all be equal), is part of the environment. This is the planner s contribution to the economic environment, as conceived in ...
Neutral taxation of risky investment and proportional sacrifice
(2010-04-01)
In this paper, our purpose is to show that a tax schedule is neutral with respect to a concave utility function if and only if it is an equal proportional sacrifice tax schedule.
Equal incomes and a continuum of tastes in an economy with public goods
(2010-03-24)
In this paper we show that for a continuum economy with public goods, every fair allocation corresponds to an Equal Income Lindahl Equilibrium under mild assumptions.
A note on expansion independence in multiattribute choice problems
(2010-03-27)
Two appealing independence properties have been used by us to characterize the egalitarian, utilization and relative egalitarian choice functions.
Constrained equilibrium prices under fixed rationing of commodities
(2010-03-29)
In this paper we prove the existence, restricted efficiency and incremental fairness of constrained equilibrium allocations.
Generalized dreze-muller equilibrium: some rationing scheme in a distribution economy
(2010-03-29)
Here we view rationing as an instrument available in the hands of a social planner to effect a more equitable distribution of goods. We introduce a separate currency (like a coupon) alongside money, and both money as well ...
National income and social welfare in a public good economy
(2010-03-24)
In this paper we extend the relationship between social welfare and national income from an economy consisting society of private goods to an economy consisting of public goods as well.
Improvement sensitivity and invariance of solutions to group decision making problems with claims
(2010-03-31)
In this paper we have developed a very general framework for studying group decision making problems with claims which subsumes the set of problems studies in axiomatic models of bargaining. Subsequently we proceed to ...