The Decreasing Demand procedure is a procedure for fair item allocation. It yields a Pareto-efficient division that maximizes the rank of the agent with the lowest rank. This corresponds to the Rawlsian justice criterion of taking care of the worst-off agent.
The procedure was developed by Dorothea Herreiner and Clemens Puppe.
The procedure was developed by Dorothea Herreiner and Clemens Puppe.
The Decreasing Demand procedure is a procedure for fair item allocation. It yields a Pareto-efficient division that maximizes the rank of the agent with the lowest rank. This corresponds to the Rawlsian justice criterion of taking care of the…
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