Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10003749195
This paper studies the problem of fairly allocating an amount of a divisible resource when preferences are single-peaked. We characterize the class of envy-free and peak-only rules and show that the class forms a complete lattice with respect to a dominance relation. We also pin down the...
Persistent link: https://www.econbiz.de/10014212731
We conduct laboratory experiments for the multi-unit Vickrey auction with and without advice to subjects on strategy-proofness. The rate of truth-telling among the subjects without advice stays at 20%, whereas the rate increases to 47% among those who have received advice. By conducting similar...
Persistent link: https://www.econbiz.de/10013242345
Persistent link: https://www.econbiz.de/10013263435
This paper studies the problem of fairly allocating an amount of a divisible resource when preferences are single-peaked. We characterize the class of envy-free and peak-only rules and show that the class forms a complete lattice with respect to a dominance relation. We also pin down the...
Persistent link: https://www.econbiz.de/10003819958
We conducted laboratory experiments for the multi-unit Vickrey auction with and without advice to subjects on strategy-proofness. The rate of truth-telling among the subjects without advice was 20%, whereas the rate increased to 47% among those who received advice. By conducting similar...
Persistent link: https://www.econbiz.de/10012321709
In the division problem with single-peaked preferences, it is well known that the uniform rule is robust to strategic manipulation. Furthermore, under efficiency and symmetry, it is the unique strategy-proof rule (Sprumont, 1991; Ching, 1994). We conversely analyze the consequences of strategic...
Persistent link: https://www.econbiz.de/10012723481
This paper studies the problem of fairly allocating an amount of a divisible resource when preferences are single-peaked. We characterize the class of envy-free and peak-only rules and show that the class forms a complete lattice with respect to a dominance relation. We also pin down the...
Persistent link: https://www.econbiz.de/10010332491
We conducted laboratory experiments for the multi-unit Vickrey auction with and without advice to subjects on strategy-proofness. The rate of truth-telling among the subjects without advice was 20%, whereas the rate increased to 47% among those who received advice. By conducting similar...
Persistent link: https://www.econbiz.de/10012544001
This paper studies the problem of fairly allocating an amount of a divisible resource when preferences are single-peaked. We characterize the class of envy-free and peak-only rules and show that the class forms a complete lattice with respect to a dominance relation. We also pin down the...
Persistent link: https://www.econbiz.de/10004983412