HEC Research Papers Series,
HEC Paris

Abstract: A commodity is shared between some individuals; some selection procedure is used to choose allocations. In order to reflect that laws and rules rather than allocations are implemented and that they involve an element of randomness because of incomplete information, selection procedures are taken to be probability measures over the set of allocations. Illustrations and interpretations of the selection procedures are given.

Keywords: Pareto-optimal allocations; infra-majority voting

JEL-codes: D72

41 pages, February 1, 1998

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