Arbeitspapier

Strategy-proofness and Fixed-price Allocation of Indivisible Goods - a Characterization Proof

In this paper we considered the classical Shapley-Scarf (1974) "house allocation model", where in addition there is a perfectly divisible good (money). The problem is to characterize all strategy-proof, nonbossy and individually rational allocation mechanisms. The finding is that only a fixed-price allocation mechanism is consistent with these presumptions. Miyagawa (2001) first proved this result. Here we give an alternative and comparatively short proof of the characterization result.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2002:17

Klassifikation
Wirtschaft
Cooperative Games
Bargaining Theory; Matching Theory
Social Choice; Clubs; Committees; Associations
Positive Analysis of Policy Formulation and Implementation
Thema
Strategy-proof
Indivisible object
Housing market

Ereignis
Geistige Schöpfung
(wer)
Svensson, Lars-Gunnar
Ereignis
Veröffentlichung
(wer)
Lund University, School of Economics and Management, Department of Economics
(wo)
Lund
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Svensson, Lars-Gunnar
  • Lund University, School of Economics and Management, Department of Economics

Entstanden

  • 2002

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