Andersson, Tommy; Ehlers, Lars H.; Svensson, Lars-Gunnar - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 3, pp. 753-777
A common real-life problem is to fairly allocate a number of indivisible objects and a fixed amount of money among a group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent's bundle. In this context, fairness is incompatible with budget-balance...