Hal Varian has promoted a two-pronged definition of this property, which he applied to the question of whether equal income competitive equilibria “especially” possess this property. Jack Knetsch and co-authors have posited that most economists are “true believers” in the claim that agents are law-abiding but lack this property. A preference for this property abbreviated IA is possessed by part of the population in a model by Ernst Fehr and Klaus Schmidt that resolves conflicting evidence from (*) ultimatum games. Matthew Rabin expressed this property with utility terms that include “kindness” functions. (-5[3])Resource allocation (-5[1])often features a trade-off between this envy-free property and Pareto efficiency. (10[1])For 10 points, the creation of “divisions” defined by what property (10[1])is commonly illustrated with the cake-cutting problem? (10[1])■END■ (10[3]0[5])