Division rules and migration equilibria

Susan Gensemer, Lu Hong, Jerry S. Kelly

Research output: Contribution to journalArticle

7 Scopus citations

Abstract

Fair division rules are examined in a framework consisting of local environments with fixed, non-disposable, perfectly divisible endowments, and (possibly) different division rules. Individuals have single-peaked preferences and are free to choose the environments where they live. Given that the rules satisfy various desirable properties such as efficiency, strategy-proofness, or envy-freeness, the extent to which individuals have incentives to migrate to other environments is explored. Journal of Economic Literature Classification Numbers: D50, D60.

Original languageEnglish (US)
Pages (from-to)104-116
Number of pages13
JournalJournal of Economic Theory
Volume69
Issue number1
DOIs
StatePublished - Apr 1996

ASJC Scopus subject areas

  • Economics and Econometrics

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