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dc.contributor.authorAnsink, Eriken_US
dc.contributor.authorWeikard, Hans-Peteren_US
dc.date.accessioned2011-12-15T11:33:33Z-
dc.date.available2011-12-15T11:33:33Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/53343-
dc.description.abstractWe analyse the redistribution of a resource among agents who have claims to the resource and who are ordered linearly. A well known example of this particular situation is the river sharing problem. We exploit the linear order of agents to transform the river sharing problem to a sequence of two-agent river sharing problems. These reduced problems are mathematically equivalent to bankruptcy problems and can therefore be solved using any bankruptcy rule. Our proposed class of solutions, that we call sequential sharing rules, solves the river sharing problem. Our approach extends the bankruptcy literature to settings with a sequential structure of both the agents and the resource to be shared. In the paper, we first characterise a class of sequential sharing rules. Subsequently, we apply sequential sharing rules based on four classical bankruptcy rules, assess their properties, and compare them to four alternative solutions to the river sharing problem.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 114.2009en_US
dc.subject.jelD63en_US
dc.subject.jelD71en_US
dc.subject.jelQ25en_US
dc.subject.ddc330en_US
dc.subject.keywordRiver Sharing Problemen_US
dc.subject.keywordSequential Sharing Ruleen_US
dc.subject.keywordBankruptcy Problemen_US
dc.subject.keywordWater Allocationen_US
dc.titleSequential sharing rules for river sharing problemsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn646491075en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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