Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10010237857
Persistent link: https://www.econbiz.de/10010256120
We examine the strategy-proof allocation of multiple divisible and indivisible resources; an application is the assignment of packages of tasks, workloads, and compensations among the members of an organization. We find that any allocation mechanism obtained by maximizing a separably concave...
Persistent link: https://www.econbiz.de/10013057393
The paper analyzes nonlinear tax schedules that are identified by maximizing a welfare function represented by a weighted summation of net utilities over a set of n=3 differing individuals. We demonstrate that some of the feasible and Pareto efficient tax schedules that satisfy self-selection...
Persistent link: https://www.econbiz.de/10005419376
Price controls are used in many regulated markets and well recognized as the cause of market inefficiency. This paper examines a practical housing market in the presence of price controls and provides a solution to the problem of how houses should be efficiently allocated among agents through a...
Persistent link: https://www.econbiz.de/10010781612