The Adjusted Knaster Procedure Under Unequal Entitlements

Decisions in Economics and Finance, 2002, 157-160

4 Pages Posted: 22 Apr 2014

See all articles by Marco Claudio Corradi

Marco Claudio Corradi

ESSEC Business School

Valentina Corradi

University of Bologna - Department of Economics

Date Written: April 21, 2001

Abstract

The present note describes a minor extension of Raith’s adjusted Knaster method to handle the problem of different entitlements. We prove that a suitable split of the excess ensures the equitability of the resulting division, i.e. the players receive the same relative increment above the fraction to which they are entitled. Moreover, each player’s share of the total value of received items is equal to his share of the total excess.

Keywords: Fair division, Different entitlements, Adjusted Knaster Method

JEL Classification: C78, D74

Suggested Citation

Corradi, Marco Claudio and Corradi, Valentina, The Adjusted Knaster Procedure Under Unequal Entitlements (April 21, 2001). Decisions in Economics and Finance, 2002, 157-160, Available at SSRN: https://ssrn.com/abstract=2427304

Marco Claudio Corradi (Contact Author)

ESSEC Business School ( email )

3 Avenue Bernard Hirsch
CS 50105 CERGY
CERGY, CERGY PONTOISE CEDEX 95021
France

Valentina Corradi

University of Bologna - Department of Economics ( email )

Strada Maggiore 45
Bologna, 40125
Italy

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