FAIR ALLOCATION OF DISPUTED PROPERTIES
将争议财产分配问题建模为广义交换经济,提出基于权利分配和自愿交换的两步市场规则,并刻画三种保证公平的平等主义权利分配规则,适用于温室气体排放和水权争议。
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.