William Thomson
eBook, PDF

How to Divide When There Isn't Enough (eBook, PDF)

From Aristotle, the Talmud, and Maimonides to the Axiomatics of Resource Allocation

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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 ...

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