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Persistent link: https://www.econbiz.de/10010493882
In n-agent exchange economies, we show that all efficient and continuous rules are "diagonally dictatorial" over the restricted domain of linear preferences and, in the 2-good case, over the domain of homothetic preferences. The diagonal dictator receives the entire endowment whenever all agents...
Persistent link: https://www.econbiz.de/10009430947
strategy-proofness, Pareto-efficiency, individual rationality, and nonnegative payment on the domain that includes nonquasi …
Persistent link: https://www.econbiz.de/10010332480
demand preference relation, and there are more agents than objects, then no rule satisfies efficiency, strategy …
Persistent link: https://www.econbiz.de/10011421509
Floor constraints are a prominent feature of many matching markets, such as medical residency, teacher assignment, and military cadet matching. We develop a theory of matching markets under floor constraints. We introduce a stability notion, which we call floor respecting stability, for markets...
Persistent link: https://www.econbiz.de/10013189041
the rules satisfying efficiency, strategy-proofness, and individual rationality. Since the quasi-linear single … the only rule satisfying efficiency, strategy-proofness, and individual rationality. …
Persistent link: https://www.econbiz.de/10012544012
establish: (i) on a common-object-ranking domain, the minimum price rule is the only rule satisfying efficiency, strategy …
Persistent link: https://www.econbiz.de/10011564952
the MPW rule is the unique rule satisfying \textit{strategy-proofness}, \textit{efficiency}, \textit …
Persistent link: https://www.econbiz.de/10011599546
PLDA performs better than FDA in terms of efficiency and fairness through theoretical and computational analyses. …
Persistent link: https://www.econbiz.de/10011108745
the MPW rule is the unique rule satisfying \textit{strategy-proofness}, \textit{efficiency}, \textit …
Persistent link: https://www.econbiz.de/10010773117