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Preface | |
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Acknowledgments | |
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Overview | |
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The Division of Common Property | |
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Micro vs. Macro Justice | |
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The Terms of Discussion | |
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Normative Theories of Justice: Aristotle, Bentham, and Rawls | |
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No Envy | |
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Distributive Judgments and Interpersonal Comparisons | |
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Why Classical Formulas Fail | |
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The Priority Principle | |
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The Consistency Principle | |
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When Proportionality Fails for Divisible Goods | |
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Games of Fair Division | |
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Equity and Efficiency | |
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Equity and Priority | |
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Methods for Distributing Indivisible Goods | |
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The Demobilization of U.S. Soldiers at the End of World War II | |
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The Point System for Allocating Kidneys in the United States | |
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General Principles | |
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Point Systems | |
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Participatory Equity | |
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Equity as Near as May Be | |
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The Apportionment of Indivisible Goods | |
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Apportionment in the United States | |
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Statement of the Problem | |
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The Methods of Hamilton and Jefferson | |
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The Bias of Jefferson's Method | |
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The Methods of Daniel Webster and John Quincy Adams | |
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The Standard Two-State Solution and Its Generalization | |
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The Alabama Paradox | |
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The Method of Joseph Hill | |
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Bias | |
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Consistency and Priority | |
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Staying within the Quota | |
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The Population Paradox | |
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Equity, Equality, Proportionality | |
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Aristotle's Equity Principle | |
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Claims Problems | |
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The Contested Garment Rule | |
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The Shapley Value | |
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An Inconsistency in the Shapley Value | |
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Maimonides' Rule | |
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Gain vs. Loss | |
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Varieties of Equality | |
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Equity, Priority, and Consistency | |
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Incentive Effects | |
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Cost Sharing | |
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Sharing Gains from Cooperation | |
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A Cost-Sharing Problem between Two Towns | |
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A Cost-Sharing Problem among Three Towns | |
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The Cooperative Game Model | |
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The Tennessee Valley Authority | |
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The Decomposition Principle | |
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The Shapley Value | |
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Equitable Core Solutions: The Nucleolus | |
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Progressive Taxation | |
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Historical Background | |
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The Progressivity Principle | |
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The U.S. Federal Income Tax | |
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Redressing Inequality | |
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The Benefit Theory | |
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Ability to Pay and Equal Sacrifice | |
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The Effect of Progressive Taxation on Work Effort | |
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Optimal Taxation | |
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The Effect of Taxation on Risk-Taking | |
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Fair Bargains | |
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Bargaining Over Common Property | |
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The Bargaining Set | |
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The Coordination Problem | |
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Classical Bargaining Solutions: Nash and Kalai-Smorodinsky | |
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Framing Effects | |
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Equity Criteria Based on Tangible Claims | |
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Experimental Results on Bargaining | |
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Empirical Evidence from Sharecropping Practices | |
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Fair Process | |
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Games of Fair Division | |
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Auctioning Indivisibles | |
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Superior and Inferior Modes of Division | |
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Divide and Choose | |
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The Divider's Advantage | |
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Removing the Divider's Advantage by Lottery | |
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Successively Splitting the Difference: The Raiffa Solution | |
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Alternating Offers: The Nash Solution | |
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Bidding to Be Divider: The Egalitarian Solution | |
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Equity, Envy, and Efficiency | |
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Fair and Efficient Exchange | |
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Transparent Inequity | |
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Egalitarianism | |
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A Difficulty with Egalitarianism | |
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Competitive Allocations | |
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The Equity of Competitive Allocation | |
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The Competitive Standard of Comparison | |
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Enlarging the Pie | |
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An Application: Assigning Students to Dormitories | |
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Restricting the Domain of Exchange | |
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Conclusion | |
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Appendix: The Mathematical Theory of Equity | |
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Two Fundamental Principles | |
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Zero-One Allocations | |
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Opinion Aggregation | |
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Integer Allocation | |
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Claims and Liabilities | |
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Cooperative Games | |
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Bargaining | |
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Multiple Goods | |
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Bibliographical Notes | |
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Bibliography | |
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Index | |