Asymmetrically Fair Rules for an Indivisible Good Problem with a Budget Constraint
AbstractWe study a particular restitution problem where there is an indivisible good (land or property) over which two agents have rights: the dispossessed agent and the owner. A third party, possibly the government, seeks to resolve the situation by assigning rights to one and compensate the other. There is also a maximum amount of money available for the compensation. We characterize a family of asymmetrically fair rules that are immune to strategic behavior, guarantee minimal welfare levels for the agents, and satisfy the budget constraint.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by UNIVERSIDAD DE LOS ANDES-CEDE in its series DOCUMENTOS CEDE with number 009425.
Date of creation: 13 Mar 2012
Date of revision:
Contact details of provider:
fairness; strategy-proofness; indivisible good; land restitution;
Other versions of this item:
- Paula Jaramillo & Cagatay Kayi & Flip Klijn, 2012. "Asymmetrically fair rules for an indivisible good problem with a budget constraint," DOCUMENTOS DE TRABAJO 009381, UNIVERSIDAD DEL ROSARIO.
- Paula Jaramillo & Çagatay Kayi & Flip Klijn, 2012. "Asymmetrically Fair Rules for an Indivisible Good Problem with a Budget Constraint," Working Papers 610, Barcelona Graduate School of Economics.
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-02 (All new papers)
- NEP-GTH-2012-05-02 (Game Theory)
- NEP-MIC-2012-05-02 (Microeconomics)
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.:
- Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July.
- Andersson, Tommy & Svensson, Lars-Gunnar, 2006.
"Non-manipulable Assignment of Individuals to Positions Revisited,"
2006:11, Lund University, Department of Economics, revised 12 Apr 2007.
- Andersson, Tommy & Svensson, Lars-Gunnar, 2008. "Non-manipulable assignment of individuals to positions revisited," Mathematical Social Sciences, Elsevier, vol. 56(3), pages 350-354, November.
- Svensson, Lars-Gunnar, 1983. "Large Indivisibles: An Analysis with Respect to Price Equilibrium and Fairness," Econometrica, Econometric Society, vol. 51(4), pages 939-54, July.
- Andersson, T. & Svensson, L.-G. & Yang, Z., 2010. "Constrainedly fair job assignments under minimum wages," Games and Economic Behavior, Elsevier, vol. 68(2), pages 428-442, March.
- Tadenuma Koichi & Thomson William, 1995. "Games of Fair Division," Games and Economic Behavior, Elsevier, vol. 9(2), pages 191-204, May.
- Alkan, Ahmet & Demange, Gabrielle & Gale, David, 1991. "Fair Allocation of Indivisible Goods and Criteria of Justice," Econometrica, Econometric Society, vol. 59(4), pages 1023-39, July.
- Andersson, Tommy & Ehlers, Lars & Svensson, Lars-Gunnar, 2012. "Least Manipulable Envy-free Rules in Economies with Indivisibilities," Working Papers 2012:8, Lund University, Department of Economics, revised 30 Sep 2013.
- Arias María Alejandra & Ibáñez Ana María & Querubin Pablo, 2014. "The Desire to Return during Civil War: Evidence for Internally Displaced Populations in Colombia," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(1), pages 209-233, January.
- Tommy Andersson & Lars Ehlers & Lars-Gunnar Svensson, 2012. "(Minimally) ?-Incentive Compatible Competitive Equilibria in Economies with Indivisibilities," Cahiers de recherche 04-2012, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Universidad De Los Andes-Cede).
If references are entirely missing, you can add them using this form.