Lower bounds and resource allocation

Please use this identifier to cite or link to this item: http://hdl.handle.net/10045/69127
Información del item - Informació de l'item - Item information
Title: Lower bounds and resource allocation
Authors: Giménez Gómez, José Manuel | Peris, Josep E. | Solís-Baltodano, María-José
Research Group/s: Desarrollo, Métodos Cuantitativos y Teoría Económica (DMCTE)
Center, Department or Service: Universidad de Alicante. Departamento de Fundamentos del Análisis Económico | Universidad de Alicante. Instituto Interuniversitario de Desarrollo Social y Paz
Keywords: Claims problems | Lower bounds | Claims rules
Knowledge Area: Fundamentos del Análisis Económico
Issue Date: 11-Sep-2017
Publisher: Universitat Rovira i Virgili. Departament d'Economia
Citation: Documents de treball del Departament d'Economia - CREIP. 2017, 12
Abstract: The existence of lower bounds that guarantee a minimum to each agent involved in an allocation (claims) problem has been widely analysed in the literature. When focusing in claims problems, four lower bounds in what any individual should receive are the minimal right (Curiel et al., 1987), the fair lower bound (Moulin, 2002), securement (Moreno-Ternero and Villar, 2004) and the min lower bound Dominguez (2013). In the current paper we impose that a mechanism should fulfill one of the mentioned lower bound (we call this property respect of the lower bound, RB) and compare the mechanisms obtained by using RB together with some additional properties. We provide new characterizations of the so-called uniform rules (constrained equal awards, constrained equal losses) and the Ibn Ezra’s proposal.
URI: http://hdl.handle.net/10045/69127
ISSN: 1576-3382 | 1988-0820 (Internet)
Language: eng
Type: info:eu-repo/semantics/workingPaper
Rights: © Universitat Rovira i Virgili
Peer Review: no
Appears in Collections:INV - DMCTE - Working Papers

Files in This Item:
Files in This Item:
File Description SizeFormat 
ThumbnailDT-12-2017_Gimenez_Peris_Solis.pdf666,99 kBAdobe PDFOpen Preview

Items in RUA are protected by copyright, with all rights reserved, unless otherwise indicated.