Loss sharing: Characterizing a new class of rules
| Autor(en): | Gaertner, Wulf Xu, Yongsheng |
Stichwörter: | ADJUDICATION; BANKRUPTCY; Business & Economics; DIVISION; Economics; GAME-THEORETIC ANALYSIS; Independence of rank- and-mean; JUSTICE; Loss sharing; Mathematical Methods In Social Sciences; Mathematics; Mathematics, Interdisciplinary Applications; Monotonicity in contributions; preserving changes; Sharing rule; Social Sciences, Mathematical Methods; SURPLUS; TAXATION PROBLEMS | Erscheinungsdatum: | 2020 | Herausgeber: | ELSEVIER | Journal: | MATHEMATICAL SOCIAL SCIENCES | Volumen: | 107 | Startseite: | 37 | Seitenende: | 40 | Zusammenfassung: | The class of rules that we propose and characterize can be viewed as a variant of the standard model in the literature on cost and surplus sharing. It basically has two reference points: an equal share of the loss and a weighted difference between an agent's endowment or claim and the average endowment of the individuals concerned. Our class of rules comprises some prominent sharing rules such as equal split and the proportionality principle. (C) 2020 Elsevier B.V. All rights reserved. |
ISSN: | 01654896 | DOI: | 10.1016/j.mathsocsci.2020.07.006 |
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