TY - JOUR
AU - Moreno-Ternero, Juan D.
AB - Social Choice and Welfare (2021) 57:469–473 https://doi.org/10.1007/s00355-021-01355-6 BOOK RE VIE W William Thomson: “How to divide when there isn’t enough: from Aristotle, the Talmud and Maimonides to the axiomatics of resource allocation” Juan D. MorenoT ‑ ernero Accepted: 13 July 2021 / Published online: 22 July 2021 © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021 A classic allocation problem is that in which one has to distribute a perfectly divis- ible and homogeneous good when there is not enough to cover all agents’ demands. It encompasses many different situations (such as the bankruptcy of a firm, the divi- sion of an estate to the creditors of a deceased, or the collection of a given amount of taxes, just to name a few) and it goes as far back as the history of economic thought. The following simple example comes from the Talmud (a great source of inspiration in this context). Two men disagree on the ownership of a garment, worth 200, say. The first man claims half of it, 100, and the other claims it all, 200. Assuming both claims to be made in good faith, how should the garment be distributed? Almost four decades ago, Barry O’Neill published a seminal paper 
TI - William Thomson: “How to divide when there isn’t enough: from Aristotle, the Talmud and Maimonides to the axiomatics of resource allocation”
JF - Social Choice and Welfare
DO - 10.1007/s00355-021-01355-6
DA - 2021-07-22
UR - https://www.deepdyve.com/lp/springer-journals/william-thomson-how-to-divide-when-there-isn-t-enough-from-aristotle-0thUr6CTwM
SP - 469
EP - 473
VL - 57
IS - 2
DP - DeepDyve
ER -