Artikel

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

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.

Language
Englisch

Bibliographic citation
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 12 ; Year: 2017 ; Issue: 3 ; Pages: 1267-1306 ; New Haven, CT: The Econometric Society

Classification
Wirtschaft
Social Choice; Clubs; Committees; Associations
Subject
Social choice
strategy-proofness
Pareto efficiency
exchange economy

Event
Geistige Schöpfung
(who)
Momi, Takeshi
Event
Veröffentlichung
(who)
The Econometric Society
(where)
New Haven, CT
(when)
2017

DOI
doi:10.3982/TE1792
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Momi, Takeshi
  • The Econometric Society

Time of origin

  • 2017

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