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Persistent link: https://www.econbiz.de/10005375682
-free allocation is selected with respect to these announced preferences. I prove that the proposed mechanism implements both in Nash …
Persistent link: https://www.econbiz.de/10004980213
function in the allocation of objects and money among sincere and strategic agents. Strategic agents take advantage of sincere …
Persistent link: https://www.econbiz.de/10011263588
It is well known that the core of an exchange market with indivisible goods is always non empty, although it may contain Pareto inefficient allocations. The strict core solves this shortcoming when indifferences are not allowed, but when agents' preferences are weak orders the strict core may be...
Persistent link: https://www.econbiz.de/10011084821
A multiple-partners assignment game with heterogeneous sales and multi-unit demands consists of a set of sellers that own a given number of indivisible units of potentially many different goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010759599
We identify a natural counterpart of the standard GARP for demand data in which goods are all indivisible. We show that the new axiom (DARP, for "discrete axiom of revealed preference") is necessary and sufficient for the rationalization of the data by a well-behaved utility function. Our...
Persistent link: https://www.econbiz.de/10010899666
studying such allocation problems have shown various interesting equivalences between randomized mechanisms based on trading …
Persistent link: https://www.econbiz.de/10010786721
We study the structure of the set of competitive equilibria in a generalized assignment market. When all indivisible goods are homogeneous, it holds, called non-simultaneous multiplicity, that if there are multiple competitive prices, the equilibrium quantity supplied is unique; equivalently, if...
Persistent link: https://www.econbiz.de/10010786722
We identify a natural counterpart of the standard GARP for demand data in which goods are all indivisible. We show that the new axiom (DARP, for “discrete axiom of revealed preference”) is necessary and sufficient for the rationalization of the data by a well-behaved utility function. Our...
Persistent link: https://www.econbiz.de/10010877876
A multiple-partners assignment game with heterogeneous sells and multi-unit demands consists of a set of sellers that own a given number of indivisible units of (potentially many different) goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010851453