haku: @author Iturbe-Ormaetxe, I. / yhteensä: 2
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| Tekijä: | Iturbe-Ormaetxe, I. Nieto, J. |
| Otsikko: | On fair allocations and monetary compensations |
| Lehti: | Economic Theory
1996 : SPRING, VOL. 7:1, p. 125-138 |
| Asiasana: | ECONOMIC THEORY ALLOCATION COMPENSATION |
| Kieli: | eng |
| Tiivistelmä: | In this paper the authors study fair division problems with the special feature that there exists only one transferable good that everyone likes. This good will be used to compensate some individuals for their differences in other non-transferable resources (like talents and handicaps). In this context the authors test the traditional no-envy solution and they verify that: 1) its ethical content can be a matter of discussion, and 2)frequently it does not select a non-empty set of allocations. The authors propose an extension of this criterion that partially solves the existence problem while also retaining the main ethical properties of the preceding solution. |
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