Showing 1 - 9 of 9
I study the welfare optimal allocation of a number of identical and indivisible objects to a set of heterogeneous risk-neutral agents under the hypothesis that money is not available. Agents have independent private values, which represent the maximum time that they are willing to wait in line...
Persistent link: https://www.econbiz.de/10003921735
Both market (e.g. auctions) and non-market mechanisms (e.g. lotteries and priority lists) are used to allocate a large amount of scarce public resources that produce large private benefits and small consumption externalities. I study a model in which the use of both market and non-market...
Persistent link: https://www.econbiz.de/10003921736
Persistent link: https://www.econbiz.de/10010243676
I study the welfare optimal allocation of a number of identical and indivisible objects to a set of heterogeneous risk-neutral agents under the hypothesis that money is not available. Agents have independent private values, which represent the maximum time that they are willing to wait in line...
Persistent link: https://www.econbiz.de/10013158838
Persistent link: https://www.econbiz.de/10003327906
Persistent link: https://www.econbiz.de/10003833053
Persistent link: https://www.econbiz.de/10009505103
Persistent link: https://www.econbiz.de/10009267492
Persistent link: https://www.econbiz.de/10014368572