| Popis: |
Bin-filling, a new impartial method of allocating a dollar among claimants without a priori entitlements is introduced. It differs from the earlier method of de Clippel, et. al., in that it guarantees that all of the dollar is allocated. The possible bin-filling allocations are characterized. In the case that there is an exact allocation that is consistent with the views of all of the claimants, estimates are provided to show that the bin-filling allocation cannot be very far from the perfect one. This new approach has certain practical advantages over previously discussed methods. |
