Showing 1 - 10 of 1,155
In this paper, we develop an allocation model of workers differentiated by their field of study to test whether … model explicitly takes into account the effects of supply and demand shifts on the allocation structure to disentangle …
Persistent link: https://www.econbiz.de/10010261618
We experimentally investigate four allocation mechanisms - all based on the fair division approach, with varying bid … elicitation methods and price rules - in terms of their allocation efficiency, distributional effects, and regularities in … complicating an efficient allocation. Indeed, observed bidding is dominated by strategic reporting which, however, only marginally …
Persistent link: https://www.econbiz.de/10010263876
theoretical as well as the quantitative analysis, recommendations are derived for a better allocation of the reduction burden …
Persistent link: https://www.econbiz.de/10010273116
This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme … lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …
Persistent link: https://www.econbiz.de/10010312262
Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...
Persistent link: https://www.econbiz.de/10010317090
This note provides a methodological contribution to the allocation of joint revenues obtained from passepartouts. In a … unlimited number of times during a fixed period of time. The corresponding allocation problem is then how to share the total … appropriate allocation rule. …
Persistent link: https://www.econbiz.de/10010325856
This paper studies the possibility of strategy-proof rules yielding satisfactory solutions to matching problems. Alcalde and Barberá (1994) show that effcient and individually rational matching rules are manipulable in the one-to-one matching model. We pursue the possibility of strategy-proof...
Persistent link: https://www.econbiz.de/10010332209
We consider the problem of allocating infinitely divisible commodities among a group of agents. Especially, we focus on the case where there are several commodities to be allocated, and agents have continuous, strictly convex, and separable preferences. In this paper, we establish that the...
Persistent link: https://www.econbiz.de/10010332300
establish that on domains including nonquasi-linear preferences, that is, preferences exhibiting income effect, an allocation … and it is the Vickrey allocation rule. …
Persistent link: https://www.econbiz.de/10010332345
It is known that on some social choice and economic domains, a social choice function is coalition strategy-proof if and only if it is Maskin monotonic (e.g. Muller and Satterthwaite, 1977). This paper studies the foundation of those results. I provide a set of conditions which is sufficient for...
Persistent link: https://www.econbiz.de/10010332423