Similar Search Results

Yang, Zaifu - Cowles Foundation for Research in Economics, Yale University - 2002

We study the problem of how to allocate a set of indivisible objects like jobs or houses and an amount of money among a group of people as fairly and as efficiently as possible. A particular constraint for such an allocation is that every person should be assigned with the same number of objects...

Persistent link: https://www.econbiz.de/10005593278

Efficient and strategy-proof allocation mechanisms in economies with many goods

Momi, Takeshi - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 3, pp. 1267-1306

In this paper, we show that in pure exchange economies where the number of goods equals or exceeds the number of agents, any Pareto-efficient and strategy-proof allocation mechanism always allocates the total endowment to some single agent even if the receivers vary.

Persistent link: https://www.econbiz.de/10011744271

Language rights : a welfare-economics approach

Wickström, Bengt-Arne - 2015

determination of an optimal rights structure results. It is further shown that an efficiency analysis based on a "naive" cost …

Persistent link: https://www.econbiz.de/10011309548

A unified perspective on efficiency, redistribution, and public policy

Kaplow, Louis - 2020

Specialized theoretical and empirical research should in principle be embedded in a unified framework that identifies the relevant interactions among different phenomena, enables an appropriate matching of policy instruments to objectives, and grounds normative analysis in individuals' utilities...

Persistent link: https://www.econbiz.de/10012174286

Robust Ex-Post Pareto Efficiency and Fairness in Random Assignments : Two Impossibility Results

Ramezanian, Rasoul; Feizi, Mehdi - 2022

deterministic assignment in its support is Pareto efficient. We show that ordinal efficiency implies robust ex-post Pareto … efficiency while the reverse does not hold. We know that strategy-proof and ordinal efficient mechanisms satisfy neither equal … weakening ordinal efficiency to robust ex-post Pareto efficiency …

Persistent link: https://www.econbiz.de/10013296832

No-Envy and Egalitarian-Equivalence under Multi-Object-Demand for Heterogeneous Objects

yengin, duygu - School of Economics, University of Adelaide - 2015

We study the problem of allocating heterogeneous indivisible tasks in a multi-object-demand model (i.e., each agent can be assigned multiple objects) where monetary transfers are allowed. Agents. costs for performing tasks are their private information and depend on what other tasks they are...

Persistent link: https://www.econbiz.de/10011245947

Egalitarian-equivalent Groves Mechanisms in the Allocation of Heterogeneous Objects

yengin, duygu - School of Economics, University of Adelaide - 2010

We study the problem of allocating objects when monetary transfers are possible. We are interested in mechanisms that allocate the objects in an efficient way and induce the agents to report their true preferences. Within the class of such mechanisms, first we characterize egalitarian-equivalent...

Persistent link: https://www.econbiz.de/10008727522

Fairness in Auctions and Task Assignments

yengin, duygu - School of Economics, University of Adelaide - 2009

Persistent link: https://www.econbiz.de/10008542629

Equity and efficiency in an overlapping generation model

ISAAC, Tanguy; PIACQUADIO, Paolo Giovanni - Center for Operations Research and Econometrics (CORE), … - 2012

The paper addresses intergenerational and intragenerational equity in an overlapping generation economy. We aim at …

Persistent link: https://www.econbiz.de/10010662659

Characterizing Welfare-egalitarian Mechanisms with Solidarity When Valuations are Private Information

yengin, duygu - School of Economics, University of Adelaide - 2011

In the problem of assigning indivisible goods and monetary transfers, we characterize welfare-egalitarian mechanisms (that are decision-efficient and incentive compatible) with an axiom of solidarity under preference changes and a fair ranking axiom of order preservation. This result is in line...

Persistent link: https://www.econbiz.de/10008876318