A Way to Play Claims Problems

Abstract

Commitment among agents is always difficult, especially when a scarce resource is to be shared. On the one hand, there are many possible ways to assign the available amount; on the other hand, each agent is motivated to propose a distribution that maximizes her award. In this paper, we propose a mechanism that combines the diminishing claims (Chun in Math Soc Sci 17(3):245–261, 1989) and the unanimous concessions (Herrero in Advances in economic design. Springer, Berlin, 2003) procedures, thereby obtaining a new justification of rules based on averaging.