A Unifying Framework for the Problem of Adjudicating Conflicting Claims

Jens Leth Hougaard, Juan D. Moreno-Ternero, Lars Peter Østerdal

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstrakt

In a recent paper, Thomson and Yeh [Thomson, W., Yeh, C.-H., 2008. Operators for the adjudication of conflicting claims. Journal of Economic Theory 143, 177–198] introduced the concept of operators on the space of rules for the problem of adjudicating conflicting claims. They focused on three operators in order to uncover the structure of such a space. In this paper, we generalize their analysis upon presenting and studying a general family of operators inspired by three apparently unrelated approaches to the problem of adjudicating conflicting claims. We study the structural properties of this family and show, in particular, that most of Thomson and Yeh’s results are specific cases of our study.
OriginalsprogEngelsk
TidsskriftJournal of Mathematical Economics
Vol/bind48
Udgave nummer2
Sider (fra-til)107–114
ISSN0304-4068
DOI
StatusUdgivet - 2012
Udgivet eksterntJa

Emneord

  • Rationing
  • Operators
  • Baselines
  • Composition
  • Claims

Citationsformater