Characterizes a family of need-adjusted geometric rules and a need-adjusted serial rule for distributing aggregate revenues in hierarchical ventures after covering agents' needs.
The allocation of riparian water rights.Envi- ronmental and Resource Economics88, 3841-3872
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Sharing the proceeds from a hierarchical venture when agents have needs
Characterizes a family of need-adjusted geometric rules and a need-adjusted serial rule for distributing aggregate revenues in hierarchical ventures after covering agents' needs.