Showing 1 - 10 of 22,677
-proofness or efficiency. We show that stability is compatible with strategy-proofness or efficiency if and only if the priority …
Persistent link: https://www.econbiz.de/10010719484
This study investigates efficient and strategy‐proof mechanisms for allocating indivisible goods under constraints. First, we examine a setting without endowments. In this setting, we introduce a class of constraints-ordered accessibility-for which the serial dictatorship (SD) mechanism is...
Persistent link: https://www.econbiz.de/10015415273
There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help...
Persistent link: https://www.econbiz.de/10010478986
We study the object allocation problem and present two new characterizations of ordinal efficiency in terms of supports … of random assignments. Our main characterization provides a link between ex-post and ordinal efficiency …
Persistent link: https://www.econbiz.de/10012823294
In a linear production model, we characterize the class of efficient and strategy-proof allocation functions, and the class of efficient and coalition strategy-proof allocation functions. In the former class, requiring equal treatment of equals allows us to identify a unique allocation function....
Persistent link: https://www.econbiz.de/10014179639
constraints. We show that the generalized Vickrey rule is the only rule satisfying efficiency, strategy-proofness, individual …
Persistent link: https://www.econbiz.de/10012543990
The division problem consists of allocating an amount of a perfectly divisible good among a group of n agents with single-peaked preferences. A rule maps preference profiles into n shares of the amount to be allocated. A rule is bribe-proof if no group of agents can compensate another agent to...
Persistent link: https://www.econbiz.de/10005823954
In this paper, we consider a relationship between equity and efficiency in queueing problems. We show that under … strategy-proofness, anonymity in welfare implies queue-efficiency. Furthermore, we also give a characterization of the equally …
Persistent link: https://www.econbiz.de/10005710066
weak orderings¡±. We characterize a family of ¡°plurality-like¡± rules based on strategy-proofness, restricted efficiency … indifference. We also characterize a wide spectrum of rules dropping anonymity or restricted efficiency. …
Persistent link: https://www.econbiz.de/10005115536
constraints. We show that the generalized Vickrey rule is the only rule satisfying efficiency, strategy-proofness, individual …
Persistent link: https://www.econbiz.de/10012256691