Arbeitspapier
Regrouping of endowments in exchange markets with indivisible goods
In this paper we are interested in efficient and individually rational exchange rules for markets with heterogeneous indivisible goods that exclude the possibility that an agent benefits by regrouping goods in her initial endowment. We present a suitable environment in which the existence of such rules can be analysed, and show the incompatibility of efficiency, individual rationality and regrouping-proofness even if agents' preferences are additive separable.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Papers ; No. 367
- Classification
-
Wirtschaft
Cooperative Games
Social Choice; Clubs; Committees; Associations
Positive Analysis of Policy Formulation and Implementation
Asymmetric and Private Information; Mechanism Design
Public Goods
- Subject
-
Exchange markets
Indivisible goods
Regrouping-proofness
- Event
-
Geistige Schöpfung
- (who)
-
Dimitrov, Dinko
Haake, Claus-Jochen
- Event
-
Veröffentlichung
- (who)
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Bielefeld University, Institute of Mathematical Economics (IMW)
- (where)
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Bielefeld
- (when)
-
2005
- Handle
- URN
-
urn:nbn:de:hbz:361-7321
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Dimitrov, Dinko
- Haake, Claus-Jochen
- Bielefeld University, Institute of Mathematical Economics (IMW)
Time of origin
- 2005
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Regrouping of endowments in exchange markets with indivisible goods
Equilibria with indivisible goods and package-utilities
Buying Several Indivisible Goods
Equilibrium analysis of exchange economies with indivisible commodities
Insurance-markets equilibrium with double indivisible labor supply
Insurance-Markets Equilibrium with Double Indivisible Labor Supply
Afriat's Theorem for Indivisible Goods
Indivisibilities : microeconomic theory with respect to indivisible goods and factors
Fair and Efficient Lotteries over Indivisible Goods
Reciprocity and gift exchange in markets for credence goods
The distributive implications of patents on indivisible goods
Double Implementation in a Market for Indivisible Goods with a Price Constraint
Regrouping of endowments in exchange markets with indivisible goods
Equilibria with indivisible goods and package-utilities
Buying Several Indivisible Goods
Equilibrium analysis of exchange economies with indivisible commodities
Insurance-markets equilibrium with double indivisible labor supply
Insurance-Markets Equilibrium with Double Indivisible Labor Supply
Afriat's Theorem for Indivisible Goods
Indivisibilities : microeconomic theory with respect to indivisible goods and factors
Fair and Efficient Lotteries over Indivisible Goods
Reciprocity and gift exchange in markets for credence goods
The distributive implications of patents on indivisible goods