Strategy-proof division with single-peaked preferences and individual endowments

This file is part of IDEAS, which uses RePEc data

Strategy-proof division with single-peaked preferences and individual endowments

Author Info

Bettina Klaus (Department of Quantitative Economics, University of Maastricht, P.O. Box 616, 6200 MD Maastricht, The Netherlands)
Hans Peters (Department of Quantitative Economics, University of Maastricht, P.O. Box 616, 6200 MD Maastricht, The Netherlands)
Ton Storcken (Department of Quantitative Economics, University of Maastricht, P.O. Box 616, 6200 MD Maastricht, The Netherlands)

Additional information is available for the following registered author(s):

Bettina Klaus

Abstract

We consider the problem of (re)allocating the total endowment of an infinitely divisible commodity among agents with single-peaked preferences and individual endowments. We propose an extension of the so-called uniform rule and show that it is the unique rule satisfying Pareto optimality, strategy-proofness, reversibility, and an equal-treatment condition. The resulting rule turns out to be peaks-only and individually rational: the allocation assigned by the rule depends only on the peaks of the preferences, and no agent is worse off than at his individual endowment.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Social Choice and Welfare.

Volume (Year): 15 (1998)
Issue (Month): 2 ()
Pages: 297-311
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:spr:sochwe:v:15:y:1998:i:2:p:297-311

Note: Received: 8 September 1995/Accepted: 30 October 1996
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00355/index.htm

Order Information:
Web: http://link.springer.de/orders.htm

For technical questions regarding this item, or to correct its listing, contact: (Christopher F Baum).

Related research
Keywords:

Other versions of this item:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Murat Atlamaz & Bettina Klaus, 2003. "Manipulation via Endowments in Exchange Markets with Indivisible Goods," UFAE and IAE Working Papers 598.04, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
Other versions:
- Murat Atlamaz & Bettina Klaus, 2007. "Manipulation via Endowments in Exchange Markets with Indivisible Goods," Social Choice and Welfare, Springer, vol. 28(1), pages 1-18, January. [Downloadable!] (restricted)
Özgür Kýbrýs & Serkan Küçükþenel, 2005. "Trade rules for uncleared markets," Microeconomics 0508002, EconWPA. [Downloadable!]
Other versions:
- Kibris, Ozgur & Kucuksenel, Serkan, 2005. "Trade rules for uncleared markets," Working Papers 1232, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
Özgür Kıbrıs & Serkan Küçükşenel, 2009. "Uniform trade rules for uncleared markets," Social Choice and Welfare, Springer, vol. 32(1), pages 101-121, January. [Downloadable!] (restricted)
Suryapratim Banerjee & Hideo Konishi & Tayfun Sonmez, 1999. "Core in a Simple Coalition Formation Game," Boston College Working Papers in Economics 449, Boston College Department of Economics. [Downloadable!]
Other versions:
- Tayfun Sönmez & Suryapratim Banerjee & Hideo Konishi, 2001. "Core in a simple coalition formation game," Social Choice and Welfare, Springer, vol. 18(1), pages 135-153. [Downloadable!] (restricted)
Konovalov, A., 1998. "Core equivalence in economies with satiation," Discussion Paper 80, Tilburg University, Center for Economic Research. [Downloadable!]
Youngsub Chun, 2006. "The Separability Principle in Economies with Single-Peaked Preferences," Social Choice and Welfare, Springer, vol. 26(2), pages 239-253, April. [Downloadable!] (restricted)

Statistics

Access and download statistics

Did you know? You can include your works in the database easily by uploading them on the Munich Personal RePEc Archive (MPRA) if you do not have access to an institutional RePEc archive.

This page was last updated on 2009-11-21.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.