A Sequential Allocation Problem: The Asymptotic Distribution of Resources

dc.contributor
Universitat Rovira i Virgili. Departament d'Economia
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Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
dc.contributor.author
Osório, António (António Miguel)
dc.date.accessioned
2016-08-30T10:14:17Z
dc.date.accessioned
2024-12-10T13:28:01Z
dc.date.available
2016-08-30T10:14:17Z
dc.date.available
2024-12-10T13:28:01Z
dc.date.created
2016-05-25
dc.date.issued
2016
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http://hdl.handle.net/2072/266574
dc.description.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. Keywords: Sequential allocation rule, River sharing problem, Cooperative and non-cooperative games, Dictator and ultimatum games. JEL classification: C79, D63, D74.
eng
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29 p.
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dc.language.iso
eng
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dc.publisher
Universitat Rovira i Virgili. Departament d'Economia
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dc.relation.ispartofseries
Documents de treball del Departament d'Economia;2016-15
dc.rights
info:eu-repo/semantics/openAccess
dc.rights
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/
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RECERCAT (Dipòsit de la Recerca de Catalunya)
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Jocs, Teoria de
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dc.subject.other
Distribució asimptòtica (Teoria de la probabilitat)
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Decisió, Presa de (Estadística)
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dc.title
A Sequential Allocation Problem: The Asymptotic Distribution of Resources
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dc.type
info:eu-repo/semantics/workingPaper
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dc.subject.udc
33
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dc.embargo.terms
cap
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