IDEAS home Printed from https://ideas.repec.org/a/cai/repdal/redp_335_0765.html
   My bibliography  Save this article

An Algorithmic Rule to Solve the Extended Ibn Ezra – Rabad Problem: Recursive Constrained Unanimity

Author

Listed:
  • Louis de Mesnard

Abstract

We examine the rule of Ibn Ezra ? Rabad historically used to solve the ?Rights Arbitration? problem when the greatest claim is equal to the endowment. For the extended Ibn Ezra problem, i.e., when the greatest claim is less than the endowment, we propose a typology of the rules used to solve the problem according to their recursive nature: (i) non-recursive rules: Constrained Equal Awards and Constrained Equal Losses; (ii) semi-recursive rules: Unanimity on the Claim Gap, Dictatorship on the Claim Gap; (iii) the rules that combine non-recursive rules and semi-recursive rules: Minimal Overlap rule and Residual Minimal Overlap rule; (iv) recursive rules: until now the category has been empty; and (v) recursive-iterative rules: Generalized Ibn Ezra Value. We then propose a recursive rule, Recursive Constrained Unanimity. Like the Generalized Ibn Ezra Value, it extends the rule of Ibn Ezra ? Rabad and fulfills the axioms of efficiency as well as claim boundedness. But unlike the Generalized Ibn Ezra Value, it does not have convergence issues whenever the value of the estate is close to the total of the claims.

Suggested Citation

  • Louis de Mesnard, 2023. "An Algorithmic Rule to Solve the Extended Ibn Ezra – Rabad Problem: Recursive Constrained Unanimity," Revue d'économie politique, Dalloz, vol. 133(5), pages 765-790.
  • Handle: RePEc:cai:repdal:redp_335_0765
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=REDP_335_0765
    Download Restriction: free

    File URL: http://www.cairn.info/revue-d-economie-politique-2023-5-page-765.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:repdal:redp_335_0765. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-d-economie-politique.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.