2 CHARACTERIZATIONS OF THE UNIFORM RULE FOR DIVISION PROBLEMS WITH SINGLE-PEAKED PREFERENCES

Citation
Gj. Otten et al., 2 CHARACTERIZATIONS OF THE UNIFORM RULE FOR DIVISION PROBLEMS WITH SINGLE-PEAKED PREFERENCES, Economic theory, 7(2), 1996, pp. 291-306
Citations number
20
Categorie Soggetti
Economics
Journal title
ISSN journal
09382259
Volume
7
Issue
2
Year of publication
1996
Pages
291 - 306
Database
ISI
SICI code
0938-2259(1996)7:2<291:2COTUR>2.0.ZU;2-R
Abstract
The uniform rule is considered to be the most important rule for the p roblem of allocating an amount of a perfectly divisible good between a gents who have single-peaked preferences. The uniform rule was studied extensively in the literature and several characterizations were prov ided. The aim of this paper is to provide two different formulations a nd corresponding axiomatizations of the uniform rule. These formulatio ns resemble the Nash and the lexicographic egalitarian bargaining solu tions; the corresponding axiomatizations are based on axioms of indepe ndence of irrelevant alternatives and restricted monotonicity.