Showing 1 - 10 of 132,397
We study the problem of assigning indivisible objects to agents where each is to receive one object. To ensure fairness in the absence of monetary compensation, we consider random assignments. Random Priority, also known as Random Serial Dictatorship, is characterized by symmetry, ex-post...
Persistent link: https://www.econbiz.de/10014515735
precision. -- Fair Division ; Maxmin Allocation ; Kalai Bargaining Solution ; Cooperative Game Theory …
Persistent link: https://www.econbiz.de/10009380614
This paper considers the problem of allocating N indivisible objects among N agents according to their preferences when transfers are not allowed, and studies the tradeoff between fairness and efficiency in the class of strategy-proof mechanisms. The main finding is that for strategy-proof...
Persistent link: https://www.econbiz.de/10010438227
We consider the multi-object allocation problem with monetary transfers where each agent obtains at most one object … (unit-demand). We focus on allocation rules satisfying individual rationality, no subsidy, efficiency, and strategy …
Persistent link: https://www.econbiz.de/10012581496
study focuses on the multi-object allocation problem with monetary transfers where each agent obtains at most one object …
Persistent link: https://www.econbiz.de/10012880181
We evaluate the goal of maximizing the number of individually rational assignments. We show that it implies incentive, fairness, and implementation impossibilities. Despite that, we present two classes of mechanisms that maximize assignments. The first are Pareto efficient, and undominated - in...
Persistent link: https://www.econbiz.de/10011793994
We study the slot allocation problem where agents have quasi-linear single-peaked preferences over slots and identify …
Persistent link: https://www.econbiz.de/10012488906
claims. We focus on market-based allocation rules that impose a two-step procedure: assignment of rights based on claims …-assignment rules that guarantee that the allocation rules are fair. We apply our results to problems of greenhouse gas emissions and …
Persistent link: https://www.econbiz.de/10011538925
We consider the problem of allocating several types of indivisible goods when preferences are separable and monetary transfers are not allowed. Our finding is that the coordinatewise application of strategy-proof and non-wasteful rules yields a strategy-proof rule with the following efficiency...
Persistent link: https://www.econbiz.de/10010250132
We design and implement an iterative, program-proposing deferred acceptance mechanism with ties (IDAT) and apply it to childcare assignment in two German cities. The mechanism can accommodate complementarities in providers' preferences, is fast to terminate even in larger cities, is difficult to...
Persistent link: https://www.econbiz.de/10012694261