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This paper studies the incentive compatibility of solutions to generalized indivisible good allocation problems introduced by S¨onmez (1999), which contain the well-known marriage problems (Gale and Shapley, 1962) and the housing markets (Shapley and Scarf, 1974) as special cases. In...
Persistent link: https://www.econbiz.de/10003321321
This paper studies the incentive compatibility of solutions to generalized indivisible good allocation problems introduced by Sonmez (1999), which contain the well-known marriage problems (Gale and Shapley, 1962) and the housing markets (Shapley and Scarf, 1974) as special cases. In particular,...
Persistent link: https://www.econbiz.de/10012733933
We show that the characterization result of the weak core correspondence in simple games in Takamiya et al. (2018) still holds true even when the set of alternatives contains uncountably infinite elements
Persistent link: https://www.econbiz.de/10012913496
We provide a new proof of the non-emptiness of approximate cores of games with many players of a finite number of types. Earlier papers in the literature proceed by showing that, for games with many players, equal-treatment cores of their "balanced cover games", which are non-empty, can be...
Persistent link: https://www.econbiz.de/10010472889
Top responsiveness is introduced by Alcalde and Revilla [Journal of Mathematical Economics 40 (2004) 869-887] as a property which induces a rich domain on players's preferences in hedonic games, and guarantees the existence of core stable partitions. We strengthen this observation by proving the...
Persistent link: https://www.econbiz.de/10003731618
A new feature pertaining to proposer's ability to implement offers is introduced in the extensive form bargaining mechanism studied in Chatterjee et. al. (1993). This mechanism is used to analyze two classes of coalitional games with transferable utility. One class is that of strictly...
Persistent link: https://www.econbiz.de/10012963352
Yu and Zhang (2020) propose a job rotation model to study rotation schemes thatwidely exist in real life. In the model agents' rights to consume own endowmentsare restricted, but their rights to trade endowments are unrestricted. This poses aninteresting contrast with the housing market model of...
Persistent link: https://www.econbiz.de/10012836823
We study the possibility of designing satisfactory ex post incentive compatible single valued direct mechanisms in interdependent values environments, characterized by the set of agents type profiles and by their induced preference profiles. For environments that we call knit and strict, only...
Persistent link: https://www.econbiz.de/10012925803
We show that there is no consistent Pareto improvement over any stable mechanism. To overcome this impossibility, we introduce the following weak consistency requirement: Whenever a set of students, each of whom is assigned to a school that is under-demanded at the student-optimal stable...
Persistent link: https://www.econbiz.de/10012901491
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906