Cookies?
Library Header Image
LSE Research Online LSE Library Services

Loss sharing: characterizing a new class of rules

Gaertner, Wulf and Xu, Yongsheng (2020) Loss sharing: characterizing a new class of rules. Mathematical Social Sciences, 107. 37 - 40. ISSN 0165-4896

[img] Text (Gaertner_loss-sharing--accepted) - Accepted Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (902kB)
Identification Number: 10.1016/j.mathsocsci.2020.07.006

Abstract

The class of rules that we propose and characterize can be viewed as a variant of the standard model in the literature on cost and surplus sharing. It basically has two reference points: an equal share of the loss and a weighted difference between an agent's endowment or claim and the average endowment of the individuals concerned. Our class of rules comprises some prominent sharing rules such as equal split and the proportionality principle.

Item Type: Article
Official URL: https://www.sciencedirect.com/journal/mathematical...
Additional Information: © 2020 Elsevier B.V.
Divisions: Economics
Subjects: Q Science > QA Mathematics
H Social Sciences > HB Economic Theory
Date Deposited: 30 Jun 2022 09:54
Last Modified: 14 Sep 2024 09:09
URI: http://eprints.lse.ac.uk/id/eprint/115467

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics