Migration disequilibrium and specific division rules
Article
- 30 Downloads
- 2 Citations
Abstract.
We examine the extent to which migration equilibria fail to exist in a global economy in which a specific division rule determines the allocation of a perfectly divisible, nondisposable resource among individuals with single-peaked preferences who reside in local economies. In particular, almost without exception, under the egalitarian, proportional, queuing, and uniform division rules, migration equilibria fail to exist for some sets of preferences.
Keywords
Global Economy Local Economy Division Rule Specific Division Migration Equilibrium
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Preview
Unable to display preview. Download preview PDF.
Copyright information
© Springer-Verlag Berlin Heidelberg 1998