CEA {GameTheory} | R Documentation |
This function calculates how to distribute a given endowment by the CEA rule.
CEA(E, C, Names = NULL)
E |
Endowment |
C |
Claims of the agents |
Names |
Labels of the agents |
The constrained equal awards (CEA) rule (Maimonides, 12th century), proposes equal awards to all agents subject to no one receiving more than his claim.
In order to calculate the rule properly, input the claims of the agents in ascending order.
Sebastian Cano-Berlanga <cano.berlanga@gmail.com>
Aumann, R.J. and Maschler, M., (1985) "Game Theoretic Analysis of a bankruptcy from the Talmud." Journal of Economic Theory 36, pp.195–213.