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A characterization of the Vickery rule in slot allocation problems

Zhou, Yu; Chun, Youngsub; Serizawa, Shigehiro - 2021

the rules satisfying efficiency, strategy-proofness, and individual rationality. Since the quasi-linear single … the only rule satisfying efficiency, strategy-proofness, and individual rationality. …

Persistent link: https://www.econbiz.de/10012488906

Second-best incentive compatible allocation rules for multiple-type indivisible objects

Anno, Hidekazu; Kurino, Morimitsu - 2014

strategy-proof rule with the following efficiency property: no strategy-proof rule Pareto-dominates the rule. Such rules are …

Persistent link: https://www.econbiz.de/10010250132

Fairness and efficiency in a random assignment : three impossibility results

Nesterov, Alexander - 2014

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 mechanisms the following efficiency and fairness criteria are mutually … incompatible: (1) Ex-post efficiency and envy-freeness, (2) ordinal efficiency and weak envy-freeness and (3) ordinal efficiency …

Persistent link: https://www.econbiz.de/10010438227

Robust stability in matching markets

Kojima, Fuhito - In: Theoretical economics : TE ; an open access journal in … 6 (2011) 2, pp. 257-267

In a matching problem between students and schools, a mechanism is said to be robustly stable if it is stable, strategy-proof, and immune to a combined manipulation, where a student first misreports her preferences and then blocks the matching that is produced by the mechanism. We find that even...

Persistent link: https://www.econbiz.de/10011694986

Balancing supply and demand under bilateral constraints

Bochet, Olivier; Ilkilic, Rahmi; Moulin, Hervé; … - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 3, pp. 395-423

to either one of its two agents. Together with efficiency, and a version of equal treatment of equals, these properties …

Persistent link: https://www.econbiz.de/10011689320

Bargaining in standing committees

Anesi, Vincent; Seidmann, Daniel J. - 2012

Committee voting has mostly been investigated from the perspective of the standard Baron-Ferejohn model of bargaining over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing committees, however, existing agreements can be amended. This...

Persistent link: https://www.econbiz.de/10009578203

Efficient lottery design

Kesten, Onur; Kurino, Morimitsu; Nesterov, Alexander - 2015

There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help...

Persistent link: https://www.econbiz.de/10010478986

A Tragedy of the Clubs : Excess Entry in Exclusive Coalitions

Manzini, Paola; Mariotti, Marco - 2003

We model club formation as a non-cooperative game of coalition formation and surplus division. We show how social norms and individual rationality sustain a particular form of collective inefficiency, namely excessive entry in the joint production and exploitation of an excludable good. We term...

Persistent link: https://www.econbiz.de/10014172833

Efficient Strategy-Proof Allocation Functions in Linear Production Economies

Maniquet, Francois; Sprumont, Yves - 1999

In a linear production model, we characterize the class of efficient and strategy-proof allocation functions, and the class of efficient and coalition strategy-proof allocation functions. In the former class, requiring equal treatment of equals allows us to identify a unique allocation function....

Persistent link: https://www.econbiz.de/10014179639

Efficiency and strategy-proofness in object assignment problems with multi demand preferences

Kazumura, Tomoya; Serizawa, Shigehiro - 2015

demand preference relation, and there are more agents than objects, then no rule satisfies efficiency, strategy …

Persistent link: https://www.econbiz.de/10011307936

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