Strategy-Proof and Anonymous Allocation Rules of Indivisible Goods: A New Characterization of Vickrey Allocation Rule
AbstractWe consider situations where a society allocates a finite units of an indivisible good among agents, and each agent receives at most one unit of the good. For example, imagine that a government allocates a fixed number of licences to private firms, or imagine that a government distributes equally divided lands to households. We show that the Vickrey allocation rule is the unique allocation rule satisfying strategy-proofness, anonymity and individual rationality.
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Bibliographic InfoPaper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0648.
Date of creation: Mar 2006
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