The talmud rule and the securement of agents?awards

  1. Villar, Antonio
  2. Moreno-Ternero, Juan D.
Zeitschrift:
Working papers = Documentos de trabajo: Serie AD

Datum der Publikation: 2003

Nummer: 5

Art: Arbeitsdokument

Zusammenfassung

This paper provides a new characterization of the Talmud rule by means of a new property, called securement. This property says that any agent holding a feasible claim will get at least one nht of her claim, where n is the number of agents involved. We show that securement together with a weak version of path independence and the standard properties of self-duality and consistency characterize the Talmud rule.