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We consider private good economies with single-peaked preferences. We show that the uniform rule is the only allocation rule satisfying omega-continuity, no-envy, and one-sided resource-monotonicity. This result strengthens a characterization of the uniform rule due to Thomson (Soc Choice Welf...
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In a voting model where the set of feasible alternatives is a subset of a product set $A = A_1\times\cdots\ldots{}A_m$ of $m$ finite categories, we characterize the set of all strategy-proof social choice functions for three different types of preference domains over $A$, namely for the domains...
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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...
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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...
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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