Abstract
A model of fair division in which differential claims are grounded in talents and handicaps is studied, and a characterization of three solutions is provided. The first two solutions, conditional equality and egalitarian-equivalence, display dual properties. The consistency axiom is shown to have strong consequences in one-good models. Journal of Economic Literature Classification Number(s): D63, D71, I31.
Original language | English (US) |
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Pages (from-to) | 505-521 |
Number of pages | 17 |
Journal | Journal of Economic Theory |
Volume | 65 |
Issue number | 2 |
DOIs | |
State | Published - Apr 1995 |
Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics