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In this paper we study the rationing problems in using the issue of Nash implementation in an environment of single-crossing preferences. We show that strict monotonicity (i) implies strict weak no-veto power and unanimity and (ii) is equivalent to Maskin monotonicity, which is vacuously checked...
Persistent link: https://www.econbiz.de/10011016341
In this article, we study the problem of Nash implementation in private good economies with single-peaked, single-plateaued, and single-dipped preferences in the presence of at least one minimally honest agent. We prove that all solutions of the problem of fair division satisfying unanimity can...
Persistent link: https://www.econbiz.de/10010698206