Hashimoto, Tadashi; Hirata, Daisuke; Kesten, Onur; … - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 1, pp. 253-277
This paper studies the problem of assigning a set of indivisible objects to a set of agents when monetary transfers are not allowed and agents reveal only ordinal preferences, but random assignments are possible. We offer two characterizations of the probabilistic serial mechanism, which assigns...
