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This study considers Nash implementation in the problem of selecting an alternative when an agent has single-peaked preferences. We investigate condition μ (Moore and Repullo, 1990) and condition μ2 (Moore and Repullo, 1990; Dutta and Sen, 1991), which are necessary and sufficient conditions for...
Persistent link: https://www.econbiz.de/10012966408
This paper studies the problem of fairly allocating an amount of a divisible resource when preferences are single-peaked. We characterize the class of envy-free and peak-only rules and show that the class forms a complete lattice with respect to a dominance relation. We also pin down the...
Persistent link: https://www.econbiz.de/10003819958
We consider the problem of fairly reallocating the individual endowments of a perfectly divisible good among agents with single-peaked preferences. We provide a new concept of fairness, called position-wise envy-freeness, that is compatible with individual rationality. This new concept requires...
Persistent link: https://www.econbiz.de/10011317289
Persistent link: https://www.econbiz.de/10012622576
We consider the problem of fairly reallocating the individual endowments of a perfectly divisible good among agents with single-peaked preferences. We provide a new concept of fairness, called position-wise envy-freeness, that is compatible with individual rationality. This new concept requires...
Persistent link: https://www.econbiz.de/10013016467