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firms, or imagine that a government distributes equally divided lands to households. We show that the Vickrey allocation … rule is the unique allocation rule satisfying strategy-proofness, anonymity and individual rationality. -- strategy …-proofness ; anonymity ; indivisible good ; Vickrey allocation rule …
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In this paper, we discuss a manager's allocation problem. Two managers allocate their heterogeneous employees - each … two period model. There are three possibilities of groups' constellation depending on manager's allocation decision …
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We show that weak concavity of the cost function leads to optimality of single prize in contests with maximal performance objective, which generalizes the previous result in Chawla et al. (2015). Moldovanu and Sela (2001) show that, with the constant elasticity functional form, enough convexity...
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