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otherwise standard house allocation problems. I find that there is a unique ex-ante Pareto-optimal, strategy-proof and non …-bossy allocation mechanism: serial dictatorship. This stands in sharp contrast to the very large set of such mechanisms for house … allocation problems without endogenous information acquisition. …
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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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We consider collective decisions made by agents whose preferences and power depend on past events and decisions. Faced with an ineffcient equilibrium and an opportunity to commit to a policy, can the agents reach an agreement on such a policy? Under an intuitive condition linking power...
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