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". The efficiency loss due to fairness and strategy-proofness becomes measurable in monetary terms. Two interpretations of …
Persistent link: https://www.econbiz.de/10013208452
". The efficiency loss due to fairness and strategy-proofness becomes measurable in monetary terms. Two interpretations of …
Persistent link: https://www.econbiz.de/10005645228
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent's bundle. In … this context, fairness is incompatible with budget-balance and non-manipulability (Green and Laffont, 1979). Our approach …
Persistent link: https://www.econbiz.de/10011674186
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent's bundle. In … this context, fairness is incompatible with budget-balance and non-manipulability (Green and Laffont, 1979). Our approach …
Persistent link: https://www.econbiz.de/10011599527
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent's bundle. In … this context, fairness is incompatible with budget-balance and non-manipulability (Green and Laffont, 1979). Our approach …
Persistent link: https://www.econbiz.de/10013208561
This paper considers a fair division problem with indivisible objects, like jobs, houses, positions, etc., and one divisible good (money). The individuals consume money and one object each. The class of fair allocation rules that are strategy-proof in the strong sense that no coalition of...
Persistent link: https://www.econbiz.de/10005771064
This paper investigates an allocation rule that fairly assigns at most one indivisible object and a monetary compensation to each agent, under the restriction that the monetary compensations do not exceed some exogenously given upper bound. A few properties of this allocation rule are stated and...
Persistent link: https://www.econbiz.de/10005419350
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent’s bundle. In … this context, fairness is incompatible with budget-balance and non-manipulability (Green and Laffont, 1979). Our approach …
Persistent link: https://www.econbiz.de/10008776032
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent’s bundle. Under … fairness, efficiency is equivalent to budget-balance (all the available money is allocated among the agents). Budget …-balance and fairness in general are incompatible with non-manipulability (Green and Laffont, 1979). We propose a new notion of the …
Persistent link: https://www.econbiz.de/10008671538
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent’s bundle. Under … fairness, efficiency is equivalent to budget-balance (all the available money is allocated among the agents). Budget …-balance and fairness in general are incompatible with non-manipulability (Green and Laffont, 1979). We propose a new notion of the …
Persistent link: https://www.econbiz.de/10010933673