Showing 1 - 10 of 650,196
The allocation and exchange of discrete resources, such as transplant organs, pub- lic housing, dormitory rooms, and … our construction to show what can and what cannot be achieved in a variety of allocation and exchange problems, and we …
Persistent link: https://www.econbiz.de/10011704830
In the allocation of indivisible objects under weak priorities, a common practice is to break the ties using a lottery …
Persistent link: https://www.econbiz.de/10014635425
We consider the problem of probabilistically allocating a single indivisible good among agents when monetary transfers are allowed. We construct a new strategy-proof rule, called the second price trading rule, and show that it is second best efficient. Furthermore, we give the second price...
Persistent link: https://www.econbiz.de/10010504686
resource allocation problems, their solutions, and their applications in three related domains. The first domain gives the … theoretical background regarding the basic models, namely house allocation and exchange problems. First, we investigate the … allocation and exchange problems separately, and then we combine them to present a real-life application: on-campus housing at …
Persistent link: https://www.econbiz.de/10014025686
Persistent link: https://www.econbiz.de/10015070826
We search for impartiality in the allocation of objects when monetary transfers are not possible. Our main focus is … introducing randomization to object allocation problems is almost inevitable for achieving impartiality. …
Persistent link: https://www.econbiz.de/10010487558
This paper studies the problem of assigning a set of indivisible objects to a set of agents when monetary transfers are not allowed and agents reveal only ordinal preferences, but random assignments are possible. We offer two characterizations of the probabilistic serial mechanism, which assigns...
Persistent link: https://www.econbiz.de/10011684921
hence relax this constraint and consider pair-efficiency. A rule is pair-efficient if it never induces an allocation at …
Persistent link: https://www.econbiz.de/10013308232
Persistent link: https://www.econbiz.de/10011646023
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