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

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  • Duygu Yengin

    ()
    (School of Economics, University of Adelaide)

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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File URL: http://www.economics.adelaide.edu.au/research/papers/doc/wp2011-27.pdf
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Bibliographic Info

Paper provided by University of Adelaide, School of Economics in its series School of Economics Working Papers with number 2011-27.

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Length: 17 pages
Date of creation: Jul 2011
Date of revision:
Handle: RePEc:adl:wpaper:2011-27

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Web page: http://www.economics.adelaide.edu.au/
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Related research

Keywords: welfare bounds; collective ownership; allocation of indivisible goods and money; NIMBY problems; imposition of tasks; the Groves mechanisms; the identical-preferences lower-bound; k-fairness;

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References

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  1. Duygu Yengin, 2011. "Axiomatizing Political Philosophy of Distributive Justice: Equivalence of No-envy and Egalitarian-equivalence with Welfare-egalitarianism," School of Economics Working Papers, University of Adelaide, School of Economics 2011-19, University of Adelaide, School of Economics.
  2. Jérémy Laurent-Lucchetti & Justin Leroux, 2007. "Choosing and Sharing," Cahiers de recherche 07-13, HEC Montréal, Institut d'économie appliquée.
  3. Bevia, Carmen, 1996. "Population monotonicity in economies with one indivisible good," Mathematical Social Sciences, Elsevier, Elsevier, vol. 32(2), pages 125-137, October.
  4. Duygu Yengin, 2011. "Characterizing Welfare-egalitarian Mechanisms with Solidarity When Valuations are Private Information," School of Economics Working Papers, University of Adelaide, School of Economics 2011-20, University of Adelaide, School of Economics.
  5. Duygu Yengin, 2012. "Egalitarian-equivalent Groves mechanisms in the allocation of heterogenous objects," Social Choice and Welfare, Springer, Springer, vol. 38(1), pages 137-160, January.
  6. Szilvia Pápai, 2003. "Groves sealed bid auctions of heterogeneous objects with fair prices," Social Choice and Welfare, Springer, Springer, vol. 20(3), pages 371-385, 06.
  7. Fleurbaey, Marc, 1995. "Equality and responsibility," European Economic Review, Elsevier, Elsevier, vol. 39(3-4), pages 683-689, April.
  8. Green, Jerry & Laffont, Jean-Jacques, 1977. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods," Econometrica, Econometric Society, Econometric Society, vol. 45(2), pages 427-38, March.
  9. Toyotaka Sakai, 2012. "Fair waste pricing: an axiomatic analysis to the NIMBY problem," Economic Theory, Springer, Springer, vol. 50(2), pages 499-521, June.
  10. Moulin, H., 1988. "Welfare Bounds In The Fair Division Problem," UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) 106-88, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  11. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, Econometric Society, vol. 41(4), pages 617-31, July.
  12. Pazner, Elisha A & Schmeidler, David, 1978. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 92(4), pages 671-87, November.
  13. Shinji Ohseto, 2006. "Characterizations of strategy-proof and fair mechanisms for allocating indivisible goods," Economic Theory, Springer, Springer, vol. 29(1), pages 111-121, September.
  14. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, Econometric Society, vol. 41(4), pages 587-601, July.
  15. David P�rez-Castrillo & David Wettstein, 2002. "Choosing Wisely: A Multibidding Approach," American Economic Review, American Economic Association, American Economic Association, vol. 92(5), pages 1577-1587, December.
  16. Murat Atlamaz & Duygu Yengin, 2008. "Fair Groves mechanisms," Social Choice and Welfare, Springer, Springer, vol. 31(4), pages 573-587, December.
  17. Minehart, Deborah & Neeman, Zvika, 2002. "Effective Siting of Waste Treatment Facilities," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 303-324, March.
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Citations

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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. 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.
  3. Duygu Yengin, 2011. "Population Monotonic and Strategy-Proof Mechanisms Respecting Welfare Lower Bounds," School of Economics Working Papers, University of Adelaide, School of Economics 2011-34, University of Adelaide, School of Economics.

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