Problems of Fair Division and the Egalitarian Solution
Article Abstract:
The problem of fair division among agents is examined with consideration given to alternatives. A solution is sought for the optimal division for each individual. The number of agents is variable. Only the egalitarian solution is found feasible.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1983
User Contributions:
Comment about this article or add new information about this topic:
Sufficient Conditions Applied to an Optimal Control Problem of Resource Management
Article Abstract:
Sufficient conditions are derived to solve optimal control problems for exhaustible resources. Two solutions are possible. Formulation is provided for both.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 1983
User Contributions:
Comment about this article or add new information about this topic:
Allocation rules for land division
Article Abstract:
Division independence methods to examine the theory of allocation rules in problems of land division are presented.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Frequent price changes under menu costs. Sufficient conditions for a class of investment problems. On H infinity criteria for macroeconomic policy evaluation
- Abstracts: Pricing and access under national competition policy: the case of the natural gas pipeline sector. Fiscal policy in Australia and Southeast Asia: an overview
- Abstracts: Noisy communication and the evolution of cooperation. Are two a good representative for many? Privatization and employment: a study of the jute industry in Bangladesh
- Abstracts: The role of the state and the hierarchy of money. The origins of money in ancient Greece: the political economy of coinage and exchange
- Abstracts: Force fields, hysteresis and economic equilibria. Inflation, productivity and monetary policy: are they related?