Strategyproof Single Unit Award Rules
AbstractThe problem of allocating a single indivisible unit to one of several selfish agents is considered, where monetary transfers are not allowed, and the unit is not necessarily desirable to each agent. In addition to strategyproffness, three important properties are considered: Pareto-optimality, nondictatorship, and nonbossiness. It is shown that these four criteria cannot be satisfied by any social choice function, that is, a Gibbard-Satterthwaite-type impossibility result is established for nonbossy mechanisms.
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Bibliographic InfoPaper provided by Koc University in its series Papers with number 1998/02.
Length: 13 pages
Date of creation: 1998
Date of revision:
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Postal: Koc University. Intinye 80860. Istanbul Turkey
Web page: http://case.ku.edu.tr/tr/econ/home
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- D60 - Microeconomics - - Welfare Economics - - - General
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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