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A Note on the Impossibility of Efficient N-Person Compromises

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Author Info
Peter Postl
Abstract

This note studies an allocation problem that generalizes the compromise setup of Borgers and Postl (2006) to a setting with more than two agents, and generalizes their impossibility result.

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Publisher Info
Paper provided by Department of Economics, University of Birmingham in its series Discussion Papers with number 06-06.

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Length: 8 pages
Date of creation: Jun 2006
Date of revision:
Handle: RePEc:bir:birmec:06-06

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Postal: Edgbaston, Birmingham, B15 2TT
Web page: http://www.economics.bham.ac.uk
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Related research
Keywords: mechanism design with non-transferrable utility;

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information

Statistics
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This page was last updated on 2009-12-15.


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