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How to Divide When There Isn't Enough
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How to Divide When There Isn't Enough : From Aristotle, the Talmud, and Maimonides to the Axiomatics of Resource Allocation

Book Details

Format Hardback or Cased Book
ISBN-10 1107194628
ISBN-13 9781107194625
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture US
Country of Publication GB
Publication Date Sep 5th, 2019
Print length 504 Pages
Weight 840 grams
Dimensions 23.50 x 15.60 x 3.00 cms
Ksh 23,950.00
Publisher Out of Stock

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An introduction to the modern theory of economic design, this book develops an up-to-date treatment of the adjudication of conflicting claims. In addition to covering all aspects of claims problems, it links claims problems with other economic literatures, most prominently the game theory literature.
How to Divide When There Isn''t Enough develops a rigorous yet accessible presentation of the state-of-the-art for the adjudication of conflicting claims and the theory of taxation. It covers all aspects one may wish to know about claims problems: the most important rules, the most important axioms, and how these two sets are related. More generally, it also serves as an introduction to the modern theory of economic design, which in the last twenty years has revolutionized many areas of economics, generating a wide range of applicable allocations rules that have improved people''s lives in many ways. In developing the theory, the book employs a variety of techniques that will appeal to both experts and non-experts. Compiling decades of research into a single framework, William Thomson provides numerous applications that will open a large number of avenues for future research.

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