Arbeitspapier
Fairness and efficiency in a subjective claims problem
In a subjective claims problem several agents have contributed to the production of a cake which is to be divided among them. Since contributions are difficult to compare and the production function is nonlinear, agents'subjective evaluations of claims are likely to be conflicting. In a large-scale experimental study we compare the performance of three mechanisms which use agents' reports to resolve the subjective claims problem. The mechanisms differ with respect to the information they process, and they are compared in terms of efficiency and perceived allocative and procedural fairness.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Papers in Economics and Statistics ; No. 2013-30
- Klassifikation
-
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Design of Experiments: Laboratory, Individual
Allocative Efficiency; Cost-Benefit Analysis
- Thema
-
Fair Division
Subjective Claims
Experiment
Mechanisms
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gantner, Anita
Kerschbamer, Rudolf
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
- (wo)
-
Innsbruck
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gantner, Anita
- Kerschbamer, Rudolf
- University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
Entstanden
- 2013
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