RT Journal Article
T1 Compensation and sacrifice in the probabilistic rationing of indivisible units
A1 Martínez, Ricardo
A1 Moreno-Ternero, Juan D.
K1 Game theory
K1 Resource allocation
K1 Axioms
K1 Probabilistic
K1 Discrete goods
AB We consider the problem of randomly allocating indivisible units of a resource among agents with conflicting claims on the resource. An axiom reflecting a principle of compensation allows us to characterize the focal probabilistic uniform awards rule. A dual axiom reflecting a principle of sacrifice allows us to characterize the (dual) probabilistic uniform losses rule. The combination of two (other) axioms reflecting both principles (of compensation and sacrifice) allows us to characterize the (compromise) probabilistic concede-and-divide in the two-agent case. There is, however, no consistent extension of this rule to the general case of an arbitrary number of agents.
PB Elsevier
YR 2022
FD 2022
LK https://hdl.handle.net/10433/22185
UL https://hdl.handle.net/10433/22185
LA en
NO European Journal of Operational Research, Vol 302, No. 2, 740-751.
NO FECYT -- JUSTICIA ECONOMICA Y BIENESTAR SOCIAL EN UN CONTEXTO DE RECURSO...FECYT -- FUNDAMENTOS NORMATIVOS PARA INDICADORES SOCIO-ECONOMICOS
NO Universidad Pablo de Olavide
DS RIO
RD May 9, 2026