Claims problems and weighted generalizations of the Talmud rule

Author(s):  
Toru Hokari ◽  
William Thomson
Keyword(s):  
2003 ◽  
Vol 21 (2-3) ◽  
pp. 241-261 ◽  
Author(s):  
Toru Hokari ◽  
William Thomson
Keyword(s):  

Author(s):  
Teresa Estañ ◽  
Natividad Llorca ◽  
Ricardo Martínez ◽  
Joaquín Sánchez-Soriano

AbstractIn this paper we study the class of claims problems where the amount to be divided is perfectly divisible and claims are made on indivisible units of several items. Each item has a price, and the available amount falls short to be able to cover all the claims at the given prices. We propose several properties that may be of interest in this particular framework. These properties represent the common principles of fairness, efficiency, and non-manipulability by merging or splitting. Efficiency is our focal principle, which is formalized by means of two axioms: non-wastefulness and Pareto efficiency. We show that some combinations of the properties we consider are compatible, others are not.


2004 ◽  
Vol 47 (2) ◽  
pp. 245-257 ◽  
Author(s):  
Juan D. Moreno-Ternero ◽  
Antonio Villar
Keyword(s):  

2020 ◽  
Vol 49 (4) ◽  
pp. 1045-1057 ◽  
Author(s):  
Juan D. Moreno-Ternero ◽  
Min-Hung Tsay ◽  
Chun-Hsien Yeh

2020 ◽  
Vol 58 (2) ◽  
pp. 498-500

Alexander Nesterov of Higher School of Economics reviews “How to Divide When There Isn't Enough: From Aristotle, the Talmud, and Maimonides to the Axiomatics of Resource Allocation,” by William Thomson. The Econlit abstract of this book begins: “Explores the resolution of claims problems using division rules, focusing on an axiomatic approach.”


2013 ◽  
Vol 23 (3) ◽  
pp. 617-627 ◽  
Author(s):  
José-Manuel Giménez-Gómez
Keyword(s):  

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