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We study markets with indivisible goods where monetary compensations are not possible. Each individual is endowed with … finds the unique core allocation. When preferences are not necessarily strict, we use an exogenous profile of tie …
Persistent link: https://www.econbiz.de/10010933684
The problem of allocating bundles of indivisible objects without transfers arises in the assignment of courses to students, of computing resources like CPU time, memory and disk space to computing tasks and the truck loads of food to food banks. In these settings the complementarities in...
Persistent link: https://www.econbiz.de/10010929123
function in the allocation of objects and money among sincere and strategic agents. Strategic agents take advantage of sincere …
Persistent link: https://www.econbiz.de/10011263588
In this note we study von Neumann-Morgenstern farsightedly stable sets for Shapley and Scarf (1974) housing markets. Kawasaki (2008) shows that the set of competitive allocations coincides with the unique von Neumann-Morgenstern stable set based on a farsighted version of antisymmetric weak...
Persistent link: https://www.econbiz.de/10010547335
this process as a (non-empty) solution concept. We show that each core allocation always constitutes a singleton recurrent …
Persistent link: https://www.econbiz.de/10005065432
The allocation of heterogeneous and indivisible objects is considered where there is no medium of exchange. We …
Persistent link: https://www.econbiz.de/10005596603
One must allocate a finite set of indivisible goods among two agents without monetary compensation. We impose Pareto …-efficiency, anonymity, a weak notion of no-envy, a welfare lower bound based on each agent’s ranking of the sets of goods, and a … are three goods, it is the only rule, with one of its subcorrespondences, satisfying each fairness axiom and not …
Persistent link: https://www.econbiz.de/10008836145
In this note we study von Neumann-Morgenstern farsightedly stable sets for Shapley and Scarf (1974) housing markets. Kawasaki (2008) shows that the set of competitive allocations coincides with the unique von Neumann-Morgenstern stable set based on a farsighted version of antisymmetric weak...
Persistent link: https://www.econbiz.de/10004991813
The theoretical literature on pro-poor growth as well as its applications have not paid sufficient attention to the issue of varying inflation rates across the income distribution. Ignoring inflation inequality in pro-poor growth measurements can however severely bias assessments of pro-poor...
Persistent link: https://www.econbiz.de/10005181798
Previous poverty assessments for Burkina Faso were biased due to the neglect of some important methodological issues. This led to the so-called ‘Burkinabè Growth-Poverty-Paradox’, i.e. relatively sustained macro-economic growth, but almost constant poverty. We estimate that poverty...
Persistent link: https://www.econbiz.de/10005196390