Articles producció científicaEconomia

A Sequential Allocation Problem: The Asymptotic Distribution of Resources

  • Identification data

    Identifier:  PC:2580
    Handle: https://hdl.handle.net/20.500.11797/PC2580
    Authors:  António Osório
    Abstract:
    In this paper, we consider a sequential allocation problem with n individuals. The first individual can consume any amount of a resource, leaving the remainder for the second individual, and so on. Motivated by the limitations associated with the cooperative or non-cooperative solutions, we propose a new approach from basic definitions of representativeness and equal treatment. The result is a unique asymptotic allocation rule for any number of individuals. We show that it satisfies a set of desirable properties.

  • Others:

    Link to the original source: http://link.springer.com/article/10.1007%2Fs10726-016-9489-3
    Article's DOI: https://doi.org/10.1007/s10726-016-9489-3
    Journal publication year: 2017
    Entity: Universitat Rovira i Virgili
    Paper version: info:eu-repo/semantics/submittedVersion
    Record's date: 2017-02-16
    First page: 357
    URV's Author/s: Osório da Costa, António Miguel
    Department: Economia
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Publication Type: Pre-print
    Last page: 377
    ISSN: 0926-2644
    Author, as appears in the article.: António Osório
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Journal volume: 26
    Research group: Grup de Recerca en Organització i Decisió Econòmiques
    Thematic Areas: Economics and business

  • Keywords:

    Cooperative and non-cooperative games
    Sequential allocation rule
    River sharing problem

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