FAIR ALLOCATION OF DISPUTED PROPERTIES

B-Tier
Journal: International Economic Review
Year: 2017
Volume: 58
Issue: 4
Pages: 1279-1301

Authors (2)

Biung‐Ghi Ju (not in RePEc) Juan D. Moreno‐Ternero (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We model problems of allocating disputed properties as generalized exchange economies. Therein, agents have preferences and claims over multiple goods, and the social endowment of each good may not be sufficient to satisfy all individual claims. We focus on market‐based allocation rules that impose a two‐step procedure: assignment of rights based on claims first and voluntary exchange based on the assigned rights afterward. We characterize three focal egalitarian rights‐assignment rules that guarantee that the allocation rules are fair. We apply our results to problems of greenhouse gas emissions and contested water rights.

Technical Details

RePEc Handle
repec:wly:iecrev:v:58:y:2017:i:4:p:1279-1301
Journal Field
General
Author Count
2
Added to Database
2026-01-26