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Strategyproof Single Unit Award Rules

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Author Info
Papai, S.
Abstract

The 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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Publisher Info
Paper provided by Koc University in its series Papers with number 1998/02.

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Length: 13 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:kocuni:1998/02

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Postal: Koc University. Intinye 80860. Istanbul Turkey
Phone: (90+212)-229-3006 x464
Fax: (90+212)-229-1971
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Web page: http://www.ku.edu.tr/ku/index.php?option=com_content&task=view&id=78&Itemid=296
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Related research
Keywords: SOCIAL CHOICE

Find related papers by JEL classification:
D60 - Microeconomics - - Welfare Economics - - - General
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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