Showing 1 - 9 of 9
We study how to partition a set of agents in a stable way when each coalition in the partition has to share a unit of a perfectly divisible good, and each agent has symmetric single-peaked preferences on the unit interval of his potential shares. A rule on the set of preference profiles consists...
Persistent link: https://www.econbiz.de/10010851353
The division problem under constraints consists of allocating a given amount of an homogeneous and perfectly divisible good among a subset of agents with single-peaked preferences on an exogenously given interval of feasible allotments. We characterize axiomatically the family of extended...
Persistent link: https://www.econbiz.de/10010851412
A multiple-partners assignment game with heterogeneous sells and multi-unit demands consists of a set of sellers that own a given number of indivisible units of (potentially many different) goods and a set of buyers who value those units and want to buy at most an exogenously fixed number of...
Persistent link: https://www.econbiz.de/10010851453
We study cooperative and competitive solutions for a many- to-many generalization of Shapley and Shubik (1972)s assignment game. We consider the Core, three other notions of group stability and two alternative definitions of competitive equilibrium. We show that (i) each group stable set is...
Persistent link: https://www.econbiz.de/10011019700
We study two cooperative solutions of a market with indivisible goods modeled as a generalized assignment game: Set-wise stability and Core. We first establish that the Set-wise stable set is contained in the Core and it contains the non-empty set of competitive equilibrium payo¤s. We then...
Persistent link: https://www.econbiz.de/10011019707
We propose a notion of r-rationality, a relative version of satisficing behavior based on the idea that, for any set of available alternatives, individuals choose one of their r-best according to a single preference order. We fully characterize the choice functions satisfying the condition for...
Persistent link: https://www.econbiz.de/10011213421
We consider the general many-to-one matching model with ordinal preferences and give a procedure to partition the set of preference profiles into subsets with the property that all preference profiles in the same subset have the same Core. We also show how to identify a profile of (incomplete)...
Persistent link: https://www.econbiz.de/10010547423
The division problem consists of allocating a given amount of an homogeneous and perfectly divisible good among a group of agents with single-peaked preferences on the set of their potential shares. A rule proposes a vector of shares for each division problem. The literature has implicitly...
Persistent link: https://www.econbiz.de/10010547431
We consider social choice problems where a society must choose a subset from a set of objects. Specifically, we characterize the families of strategy-proof voting procedures when not all possible subsets of objects are feasible, and voters' preferences are separable or additively representable.
Persistent link: https://www.econbiz.de/10010773124