Stable partitions for proportional generalized claims problems
Theoretical Economics
2024-09-02 v2
Abstract
We consider a set of agents who have claims on an endowment that is not large enough to cover all claims. Agents can form coalitions but a minimal coalition size is required to have positive coalitional funding that is proportional to the sum of the claims of its members. We analyze the structure of stable partitions when coalition members use well-behaved rules to allocate coalitional endowments, e.g., the well-known constrained equal awards rule (CEA) or the constrained equal losses rule (CEL).For continuous, (strictly) resource monotonic, and consistent rules, stable partitions with (mostly) -size coalitions emerge. For CEA and CEL we provide algorithms to construct such a stable partition formed by -size coalitions.
Cite
@article{arxiv.2311.03950,
title = {Stable partitions for proportional generalized claims problems},
author = {Oihane Gallo and Bettina Klaus},
journal= {arXiv preprint arXiv:2311.03950},
year = {2024}
}