Showing 1 - 10 of 43
Persistent link: https://www.econbiz.de/10010009521
We study the problem of assigning a set of objects to a set of agents, when each agent receives one object and has strict preferences over the objects. In the absence of monetary transfers, we focus on the probabilistic rules, which take the ordinal preferences as input. We characterize the...
Persistent link: https://www.econbiz.de/10010594323
Persistent link: https://www.econbiz.de/10005143135
Persistent link: https://www.econbiz.de/10010180998
We study a probabilistic assignment problem when agents have multi-unit demands for objects. We first introduce two fairness requirements to accommodate different demands across agents. We show that each of these requirements is incompatible with stochastic dominance efficiency (henceforth, we...
Persistent link: https://www.econbiz.de/10011065465
Persistent link: https://www.econbiz.de/10010926794
Persistent link: https://www.econbiz.de/10005375628
We study the problem of locating multiple public facilities when each member of society has to be assigned to exactly one of these facilities. Individuals' preferences are assumed to be single-peaked over the interval of possible locations and negatively affected by congestion. We characterize...
Persistent link: https://www.econbiz.de/10005215845
We consider bilateral matching problems where each person views those on the other side of the market as either acceptable or unacceptable: an acceptable mate is preferred to remaining single, and the latter to an unacceptable mate; all acceptable mates are welfare-wise identical. Copyright...
Persistent link: https://www.econbiz.de/10005329074
This paper examines a model of multijurisdiction formation where individuals' characteristics are uniformly distributed over a finite interval. Every jurisdiction locates a public facility and distributes its cost equally among the residents. We consider the notions of Nash and local Nash...
Persistent link: https://www.econbiz.de/10005143331