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Identical Preferences Lower Bound for Allocation of Heterogenous Tasks and NIMBY Problems

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  • DUYGU YENGIN

Abstract

We study the allocation of collectively owned indivisible goods when monetary transfers are possible. We restrict our attention to incentive compatible mechanisms which allocate the goods efficiently. Among these mechanisms, we characterize those that respect the identical-preferences lower-bound: each agent should be at least as well off as in an hypothetical economy where all agents have the same preference as hers, no agent envies another, and the budget is balanced.

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Article provided by Association for Public Economic Theory in its journal Journal of Public Economic Theory.

Volume (Year): 15 (2013)
Issue (Month): 4 (08)
Pages: 580-601

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Handle: RePEc:bla:jpbect:v:15:y:2013:i:4:p:580-601

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  1. Jérémy Laurent-Lucchetti & Justin Leroux, 2007. "Choosing and Sharing," Cahiers de recherche 07-13, HEC Montréal, Institut d'économie appliquée.
  2. Duygu Yengin, 2011. "Characterizing Welfare-egalitarian Mechanisms with Solidarity When Valuations are Private Information," School of Economics Working Papers 2011-20, University of Adelaide, School of Economics.
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  6. Duygu Yengin, 2011. "Axiomatizing Political Philosophy of Distributive Justice: Equivalence of No-envy and Egalitarian-equivalence with Welfare-egalitarianism," School of Economics Working Papers 2011-19, University of Adelaide, School of Economics.
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  12. Murat Atlamaz & Duygu Yengin, 2008. "Fair Groves mechanisms," Social Choice and Welfare, Springer, vol. 31(4), pages 573-587, December.
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Cited by:
  1. Yengin, Duygu, 2013. "Population monotonic and strategy-proof mechanisms respecting welfare lower bounds," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 389-397.
  2. Duygu Yengin, 2011. "Population Monotonic and Strategy-Proof Mechanisms Respecting Welfare Lower Bounds," School of Economics Working Papers 2011-34, University of Adelaide, School of Economics.
  3. Paul Lehmann & Felix Creutzig & Melf-Hinrich Ehlers & Nele Friedrichsen & Clemens Heuson & Lion Hirth & Robert Pietzcker, 2012. "Carbon Lock-Out: Advancing Renewable Energy Policy in Europe," Energies, MDPI, Open Access Journal, vol. 5(2), pages 323-354, February.

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