FAIR DIVISION OF A SET OF INDIVISIBLE GOODS IN A SITUATION OF UNEQUAL ENTITLEMENTS Cover Image

PROBLEM PODZIAŁU ZBIORU DÓBR NIEPODZIELNYCH W SYTUACJI NIERÓWNYCH UPRAWNIEŃ
FAIR DIVISION OF A SET OF INDIVISIBLE GOODS IN A SITUATION OF UNEQUAL ENTITLEMENTS

Author(s): Marek Bożykowski
Subject(s): Economy
Published by: Akademia Leona Koźmińskiego
Keywords: unequal entitlements; fair division; indivisible goods; Knaster, Adjusted Knaster; Equal Shares; Second Prices; Modifi ed Knaster; Modified Adjusted Knaster; Proportional Shares; Modified Second Prices

Summary/Abstract: The paper presents modifi cation of four nonprobabilistic procedures of fair division of a set of indivisible goods with money: Original Knaster, Adjusted Knaster, Equal Shares and Second Prices. The purpose of modifi cation is to adjust the aforementioned methods to the problem of division of a set of goods in a situation of unequal entitlements. Extended versions of six formal properties, namely: strong Pareto optimality, proportionality, envy-freeness, equitability, strategy-proofness and anonymity are also presented. Moreover, proofs of procedures having the same formal properties in a situation of unequal entitlements as in a situation of equal entitlements are shown.

  • Issue Year: 2012
  • Issue No: 18
  • Page Range: 25-48
  • Page Count: 23
  • Language: Polish
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