Showing 1 - 10 of 361
We study the random assignment of indivisible objects among a set of agents with strict preferences. We show that there exists no mechanism which is unanimous, strategy-proof and envy-free. Weakening the first requirement to q-unanimity - i.e., when every agent ranks a different object at the...
Persistent link: https://www.econbiz.de/10013477533
We study the random assignment of indivisible objects among a set of agents with strict preferences. We show that there exists no mechanism which is unanimous, strategy-proof and envy-free. Weakening the first requirement to q-unanimity – i.e., when every agent ranks a different object at the...
Persistent link: https://www.econbiz.de/10013191476
Persistent link: https://www.econbiz.de/10014371687
Persistent link: https://www.econbiz.de/10015206921
Persistent link: https://www.econbiz.de/10012667955
We consider the problem of fairly reallocating the individual endowments of a perfectly divisible good among agents with single-peaked preferences. We provide a new concept of fairness, called position-wise envy-freeness, that is compatible with individual rationality. This new concept requires...
Persistent link: https://www.econbiz.de/10011317289
Persistent link: https://www.econbiz.de/10014465877
Persistent link: https://www.econbiz.de/10010478631
Persistent link: https://www.econbiz.de/10012622576
A private commodity is divided among agents with single peaked preferences over their share. A rationing method elicits individual peaks (demands); if the commodity is overdemanded (resp. underdemanded), no agent receives more (resp. less) than his peak. A fixed path rationing method allocates...
Persistent link: https://www.econbiz.de/10014223012