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We identify previously unnoticed ways in which agents can strategically distort allocation rules, by affecting the set of “active” agents. (i) An agent withdraws with his endowment. (ii) He gives control of his endowment to someone else and withdraws. (iii) He invites someone in and let him...
Persistent link: https://www.econbiz.de/10010998924
This is a study of the axiomatic method and its recent applications to game theory and resource allocation. It begins with a user's guide. This guide first describes the components of an axiomatic study, discusses the logical and conceptual independence of the axioms in a characterization,...
Persistent link: https://www.econbiz.de/10005369350
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The objective of this paper is to describe various applications of a requirement of solidarity pertaining to situations in which the preferences of some of the agents may change. It says that the welfares of all agents whose preferences are fixed should be affected in the same direction: they...
Persistent link: https://www.econbiz.de/10005369465
We consider the problem of allocating a list of indivisible goods and some amount of an infinitely divisible good among agents with equal rights on these resources, and investigate the implications of the following requirement on allocation rules: when the preferences of some of the agents...
Persistent link: https://www.econbiz.de/10005596427
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