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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/10010333361
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
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Persistent link: https://www.econbiz.de/10011771566
We study strategy-proof allocation rules in economies with perfectly divisible multiple commodities and single-peaked preferences. In this setup, it is known that the incompatibility among strategy-proofness, Pareto efficiency and non-dictatorship arises in contrast with the Sprumont...
Persistent link: https://www.econbiz.de/10010993568
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/10010955341
Persistent link: https://www.econbiz.de/10013489696
We provide a short proof for the following characterization of the core in housing markets first proved by Ma (1994): the core is the only rule that satisfies strategy-proofness, Pareto efficiency and individual rationality.
Persistent link: https://www.econbiz.de/10011189557