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In a linear production model, we characterize the class of efficient and strategy-proof allocation functions, and the class of efficient and coalition strategy-proof allocation functions. In the former class, requiring equal treatment of equals allows us to identify a unique allocation function....
Persistent link: https://www.econbiz.de/10005370920
Sprumont (1991) has established that the only allocation rule for the division problem that is strategy-proof, efficient, and anonymous is the uniform rule when the domain is the set of all possible profiles of continuous single-peaked preferences. Sprumont's characterization of the uniform rule...
Persistent link: https://www.econbiz.de/10005147302
This paper analyzes strategy-proof collective choice rules when individuals have single-crossing preferences on a finite and ordered set of social alternatives. It shows that a social choice rule is anonymous, unanimous, and strategy-proof on a maximal single-crossing domain if and only if it is...
Persistent link: https://www.econbiz.de/10005256850
A social choice function may or may not satisfy a desirable property depending on its domain of definition. For the same reason, different conditions may be equivalent for functions defined on some domains, while different in other cases. Understanding the role of domains is therefore a crucial...
Persistent link: https://www.econbiz.de/10010547350
In a moneyless market, a non storable, non transferable homogeneous commodity is reallocated between agents with single-peaked preferences. Agents are either suppliers or demanders. Transfers between a supplier and a demander are feasible only if they are linked, and the links form an arbitrary...
Persistent link: https://www.econbiz.de/10009216676
A social choice function may or may not satisfy a desirable property depending on its domain of definition. For the same reason, different conditions may be equivalent for functions defined on some domains, while different in other cases. Understanding the role of domains is therefore a crucial...
Persistent link: https://www.econbiz.de/10009399120
We study the problem of allocating objects among people. We consider cases where each object is initially owned by someone, no object is initially owned by anyone, and combinations of the two. The problems we look at are those where each person has a need for exactly one object and initially...
Persistent link: https://www.econbiz.de/10009643991
In a voting model where the set of feasible alternatives is a subset of a product set $A = A_1\times\cdots\ldots{}A_m$ of $m$ finite categories, we characterize the set of all strategy-proof social choice functions for three different types of preference domains over $A$, namely for the domains...
Persistent link: https://www.econbiz.de/10009277145
Consider a setting in which individual strict preferences need to be aggregated into a social strict preference relation. For two alternatives and an odd number of agents, it follows from May’s Theorem that the majority aggregation rule is the only one satisfying anonymity, neutrality, and...
Persistent link: https://www.econbiz.de/10014357423
We consider the problem of allocating heterogeneous objects to agents with money, where the number of agents exceeds that of objects. Each agent can receive at most one object, and some objects may remain unallocated. A bundle is a pair consisting of an object and a payment. An agent's...
Persistent link: https://www.econbiz.de/10014418154