A unifying framework for the problem of adjudicating conflicting claims
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RationingOperators
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Composition
Claims
Publication date
2012-01-17Abstract
In a recent paper, Thomson and Yeh [Operators for the adjudication of conflicting
claims, Journal of Economic Theory 143 (2008) 177-198] introduced the concept of operators
on the space of rules for the problem of adjudicating conflicting claims. They focussed
on three operators in order to uncover the structure of such a space. In this paper, we
generalize their analysis upon presenting and studying a general family of operators inspired
by three apparently unrelated approaches to the problem of adjudicating conflicting
claims. We study the structural properties of this family and show, in particular, that most
of Thomson and Yeh¿s results are specific cases of our study.
Descripción
Clasificación JEL: D63