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We review the theory of fairness as it pertains to concretely specified problems of resource allocations. We present …
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fairness in the absence of monetary compensation, we consider random assignments and analyse various equity criteria for such …
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One set of n objects of type I, another set of n objects of type II, and an amount M of money is to be completely allocated among n agents in such a way that each agent gets one object of each type with some amount of money. We propose a new solution concept to this problem called a perfectly...
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propose and study the concept of ex-ante fairness for random allocations, extending some key results in the one-sided and two …
Persistent link: https://www.econbiz.de/10014635425
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sjöström, and Yamato, 2006; Saijo, Sjöström, 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/10010332239
We consider allocation problemswith indivisible goods when preferences are single-peaked. In this paper we identify the family of efficient, non-manipulable, consistent, and balanced solutions. We refer those solutions as Temporary Satisfaction Methods, that can be viewed as extensions to the...
Persistent link: https://www.econbiz.de/10009505654