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We present a survey of the emerging literature on the design of matching markets. We survey the articles on discrete … resource allocation problems, their solutions, and their applications in three related domains. The first domain gives the … theoretical background regarding the basic models, namely house allocation and exchange problems. First, we investigate the …
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Allocation and exchange of discrete resources such as kidneys, school seats, and many other resources for which agents … cannot be achieved in a variety of allocation and exchange problems, and we provide an example in which the new trading …
Persistent link: https://www.econbiz.de/10014221357
This paper considers the problem of allocating N indivisible objects among N agents according to their preferences when transfers are not allowed, and studies the tradeoff between fairness and efficiency in the class of strategy-proof mechanisms. The main finding is that for strategy-proof...
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We propose a procedure for dividing indivisible items between two players in which each player ranks the items from best to worst. It ensures that each player receives a subset of items that it values more than the other player's complementary subset, given that such an envy-free division is...
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We search for impartiality in the allocation of objects when monetary transfers are not possible. Our main focus is … introducing randomization to object allocation problems is almost inevitable for achieving impartiality. …
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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...
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