Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/101077 
Year of Publication: 
2013
Series/Report no.: 
Working Papers in Economics and Statistics No. 2013-30
Publisher: 
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon), Innsbruck
Abstract: 
In a subjective claims problem several agents have contributed to the production of a cake which is to be divided among them. Since contributions are difficult to compare and the production function is nonlinear, agents'subjective evaluations of claims are likely to be conflicting. In a large-scale experimental study we compare the performance of three mechanisms which use agents' reports to resolve the subjective claims problem. The mechanisms differ with respect to the information they process, and they are compared in terms of efficiency and perceived allocative and procedural fairness.
Subjects: 
Fair Division
Subjective Claims
Experiment
Mechanisms
JEL: 
D63
C91
D61
Document Type: 
Working Paper

Files in This Item:
File
Size
573.04 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.