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On the existence of an equitable allocation
Metroeconomica 69 (3):644–654 (2018)
Abstract
This paper is concerned with a problem of an equitable allocation. We consider the concept of ψ‐equity, which is a general concept of equity. We provide a series of examples of equity concepts that are captured by ψ‐equity. We show the existence of an efficient and ψ‐equitable allocation by employing Kakutani's fixed‐point theorem.Author's Profile
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