Roy, Souvik and Sadhukhan, Soumyarup (2020): On the structure of division rules.
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Abstract
We consider the problem of dividing one unit of an infinitely divisible object among a finite number of agents. We provide a characterization of all single-peaked domains on which the uniform rule is the unique division rule satisfying efficiency, strategy-proofness, and equal treatment of equals (ETE). We also provide a class of division rules satisfying these properties on the remaining single-peaked domains. Next, we consider non single-peaked domains and provide a characterization of all such domains on which the uniform rule satisfies efficiency, strategy-proofness, and ETE. We also show that under some mild richness conditions the uniform rule is the unique rule satisfying the mentioned properties on these domains. Finally, we provide a class of division rules satisfying efficiency, strategy-proofness, and ETE on the remaining non single-peaked domains. We conclude the paper by providing a wide range of applications to justify the usefulness of our results.
Item Type: | MPRA Paper |
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Original Title: | On the structure of division rules |
English Title: | On the structure of division rules |
Language: | English |
Keywords: | division problems; efficiency; strategy-proofness; equal treatment of equals; single-peaked preferences; non single-peaked preferences; the uniform rule |
Subjects: | D - Microeconomics > D7 - Analysis of Collective Decision-Making > D71 - Social Choice ; Clubs ; Committees ; Associations D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information ; Mechanism Design |
Item ID: | 104402 |
Depositing User: | Mr. Soumyarup Sadhukhan |
Date Deposited: | 05 Dec 2020 13:29 |
Last Modified: | 05 Dec 2020 13:29 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/104402 |