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Persistent link: https://www.econbiz.de/10009266927
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sjostrom, and Yamato, 2006; Saijo, Sjostrom, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal richness. We...
Persistent link: https://www.econbiz.de/10014223471
This paper considers the object allocation problem introduced by Shapley and Scarf (1974). We study secure implementation (Saijo, Sjöström, and Yamato, 2007), that is, double implementation in dominant strategy and Nash equilibria. We prove that (i) an individually rational solution is...
Persistent link: https://www.econbiz.de/10003819988
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sj¨ostr¨om, and Yamato, 2006; Saijo, Sj¨ostr¨om, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal...
Persistent link: https://www.econbiz.de/10003556299
Persistent link: https://www.econbiz.de/10003747297
Persistent link: https://www.econbiz.de/10011548637
We consider house (re)allocation problems (Shapley and Scarf, 1974) with strict preferences. We are concerned with the possibility that a pair of agents may gain by swapping their endowments before the operation of the chosen rule. A rule is called endowments-swapping-proof if it is immune to...
Persistent link: https://www.econbiz.de/10012921955
This paper considers the object allocation problem introduced by Shapley and Scarf (1974). We study secure implementation (Saijo, Sjostrom, and Yamato, 2007), that is, double implementation in dominant strategy and Nash equilibria. We prove that (i) an individually rational solution is securely...
Persistent link: https://www.econbiz.de/10012720057
Persistent link: https://www.econbiz.de/10012301470
We consider the problem of the fair allocation of indivisible goods and money with non-quasi-linear preferences. The purpose of the present study is to examine strategic manipulation under envy-free solutions. We show that under a certain domain-richness condition, each individual obtains the...
Persistent link: https://www.econbiz.de/10013026709