A Unifying Framework for the Problem of Adjudicating Conflicting Claims

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

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

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.
Original languageEnglish
JournalJournal of Mathematical Economics
Volume48
Issue number2
Pages (from-to)107–114
ISSN0304-4068
DOIs
Publication statusPublished - 2012
Externally publishedYes

Keywords

  • Rationing
  • Operators
  • Baselines
  • Composition
  • Claims

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