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How to cut a pizza fairly: Fair division with decreasing marginal evaluations

Author

Listed:
  • Fabio Maccheroni
  • Fabio Maccheroni
  • Massimo Marinacci
  • Massimo Marinacci

Abstract

Existential and constructive solutions to the classic problems of fair division are known for individuals with constant marginal evaluations. By considering nonatomic concave capacities instead of nonatomic probability measures, we extend some of these results to the case of individuals with decreasing marginal evaluations. Copyright Springer-Verlag Berlin Heidelberg 2003

Suggested Citation

  • Fabio Maccheroni & Fabio Maccheroni & Massimo Marinacci & Massimo Marinacci, 2003. "How to cut a pizza fairly: Fair division with decreasing marginal evaluations," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 20(3), pages 457-465, June.
    • Handle: RePEc:spr:sochwe:v:20:y:2003:i:3:p:457-465
    DOI: 10.1007/s003550200192
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    References listed on IDEAS

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    1. Marinacci, Massimo & Montrucchio, Luigi, 2004. "A characterization of the core of convex games through Gateaux derivatives," Journal of Economic Theory, Elsevier, vol. 116(2), pages 229-248, June.
    2. Gilboa, Itzhak & Schmeidler, David, 1989. "Maxmin expected utility with non-unique prior," Journal of Mathematical Economics, Elsevier, vol. 18(2), pages 141-153, April.
    3. Alain Chateauneuf & Fabio Maccheroni & Massimo Marinacci & Jean-Marc Tallon, 2005. "Monotone continuous multiple priors," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 26(4), pages 973-982, November.
    4. Berliant, Marcus & Thomson, William & Dunz, Karl, 1992. "On the fair division of a heterogeneous commodity," Journal of Mathematical Economics, Elsevier, vol. 21(3), pages 201-216.
    5. Schmeidler, David, 1989. "Subjective Probability and Expected Utility without Additivity," Econometrica, Econometric Society, vol. 57(3), pages 571-587, May.
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    Cited by:

    1. Marco LiCalzi & Antonio Nicolò, 2009. "Efficient egalitarian equivalent allocations over a single good," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(1), pages 27-45, July.
    2. Gajdos, Thibault & Maurin, Eric, 2004. "Unequal uncertainties and uncertain inequalities: an axiomatic approach," Journal of Economic Theory, Elsevier, vol. 116(1), pages 93-118, May.
    3. Nobusumi Sagara & Milan Vlach, 2011. "A new class of convex games on σ-algebras and the optimal partitioning of measurable spaces," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(3), pages 617-630, August.
    4. Gajdos, Thibault & Tallon, Jean-Marc & Vergnaud, Jean-Christophe, 2004. "Decision making with imprecise probabilistic information," Journal of Mathematical Economics, Elsevier, vol. 40(6), pages 647-681, September.
    5. Thomson, William, 2011. "Chapter Twenty-One - Fair Allocation Rules," Handbook of Social Choice and Welfare, in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 2, chapter 21, pages 393-506, Elsevier.
    6. Segal-Halevi, Erel & Nitzan, Shmuel & Hassidim, Avinatan & Aumann, Yonatan, 2017. "Fair and square: Cake-cutting in two dimensions," Journal of Mathematical Economics, Elsevier, vol. 70(C), pages 1-28.
    7. Erel Segal-Halevi & Shmuel Nitzan & Avinatan Hassidim & Yonatan Aumann, 2020. "Envy-Free Division of Land," Mathematics of Operations Research, INFORMS, vol. 45(3), pages 896-922, August.
    8. Chambers, Christopher P., 2005. "Allocation rules for land division," Journal of Economic Theory, Elsevier, vol. 121(2), pages 236-258, April.
    9. Orit Arzi & Yonatan Aumann & Yair Dombb, 2016. "Toss one’s cake, and eat it too: partial divisions can improve social welfare in cake cutting," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(4), pages 933-954, April.
    10. Castagnoli, Erio & Maccheroni, Fabio & Marinacci, Massimo, 2002. "Insurance premia consistent with the market," Insurance: Mathematics and Economics, Elsevier, vol. 31(2), pages 267-284, October.
    11. Erel Segal-Halevi & Shmuel Nitzan, 2014. "Cake Cutting – Fair and Square," Working Papers 2014-01, Bar-Ilan University, Department of Economics.
    12. Renault, Jerome & Scarlatti, Sergio & Scarsini, Marco, 2005. "A folk theorem for minority games," Games and Economic Behavior, Elsevier, vol. 53(2), pages 208-230, November.
    13. Salvatore Modica & Marco Scarsini, 2003. "The convexity-cone approach to comparative risk and downside risk," ICER Working Papers - Applied Mathematics Series 01-2003, ICER - International Centre for Economic Research.
    14. Dall'Aglio, Marco & Maccheroni, Fabio, 2009. "Disputed lands," Games and Economic Behavior, Elsevier, vol. 66(1), pages 57-77, May.
    15. Erel Segal-Halevi & Shmuel Nitzan, 2019. "Fair cake-cutting among families," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(4), pages 709-740, December.

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