A fair solution to the compensation problem

Printer-friendly version
Article
Author/s: 
Giacomo Valletta
Social Choice and Welfare
Issue number: 
3
Year: 
2009
Journal pages: 
455-78
We deal with a fair division model concerning compensation among individuals endowed with different, non transferable, personal talents. We construct social orderings over all conceivable allocations based on efficiency, fairness, and robustness properties. Relying on orderings gives us the possibility of deriving the appropriate public policy even if incentive constraints arise.
Developed by Paolo Gittoi