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Allocation of an indivisible object on the full preference domain: axiomatic characterizations

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  • C. Gizem Korpeoglu

    (University College London)

Abstract

We study the problem of allocating an indivisible object to one of several agents on the full preference domain when monetary transfers are not allowed. Our main requirement is strategy-proofness. The other properties we seek are Pareto optimality, non-dictatorship, and non-bossiness. We provide characterizations of strategy-proof rules that satisfy Pareto optimality and non-bossiness, non-dictatorship and non-bossiness, and Pareto optimality and non-dictatorship. As a consequence of these characterizations, we show that a strategy-proof rule cannot satisfy Pareto optimality, non-dictatorship, and non-bossiness simultaneously.

Suggested Citation

  • C. Gizem Korpeoglu, 2018. "Allocation of an indivisible object on the full preference domain: axiomatic characterizations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 41-53, April.
    • Handle: RePEc:spr:etbull:v:6:y:2018:i:1:d:10.1007_s40505-017-0122-7
    DOI: 10.1007/s40505-017-0122-7
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    References listed on IDEAS

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    More about this item

    Keywords

    Matching; Indivisible object; Strategy-proofness; Pareto optimality; Full preference domain;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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