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Least Manipulable Envy-free Rules in Economies with Indivisibilities

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Author Info

  • Andersson, Tommy

    ()
    (Department of Economics, Lund University)

  • Ehlers, Lars

    ()
    (Université de Montréal)

  • Svensson, Lars-Gunnar

    ()
    (Department of Economics, Lund University)

Abstract

We consider envy-free and budget-balanced allocation rules for problems where a number of indivisible objects and a fixed amount of money is allocated among a group of agents. In "small" economies, we identify under classical preferences each agent's maximal gain from manipulation. Using this result we find the envy-free and budget-balanced allocation rules which are least manipulable for each preference profile in terms of any agent's maximal gain. If preferences are quasi-linear, then we can find an envy-free and budget-balanced allocation rule such that for any problem, the maximal utility gain from manipulation is equalized among all agents.

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Bibliographic Info

Paper provided by Lund University, Department of Economics in its series Working Papers with number 2012:8.

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Length: 16 pages
Date of creation: 25 Apr 2012
Date of revision: 30 Sep 2013
Handle: RePEc:hhs:lunewp:2012_008

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Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden
Phone: +46 +46 222 0000
Fax: +46 +46 2224613
Web page: http://www.nek.lu.se/en
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Related research

Keywords: (Least) Manipulability; Envy-freeness; Budget-Balance; Indivisibilities.;

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References

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  1. Parag A. Pathak & Tayfun Sönmez, 2011. "School Admissions Reform in Chicago and England: Comparing Mechanisms by their Vulnerability to Manipulation," Boston College Working Papers in Economics 784, Boston College Department of Economics.
  2. 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.
  3. Claus-Jochen Haake & Matthias G. Raith & Francis Edward Su, 2002. "Bidding for envy-freeness: A procedural approach to n-player fair-division problems," Social Choice and Welfare, Springer, vol. 19(4), pages 723-749.
  4. 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.
  5. Andersson, Tommy & Svensson, Lars-Gunnar, 2006. "Non-manipulable Assignment of Individuals to Positions Revisited," Working Papers 2006:11, Lund University, Department of Economics, revised 12 Apr 2007.
  6. Maus,Stefan & Peters,Hans & Storcken,Ton, 2004. "Minimal Manipulability: Anonymity and Unanimity," Research Memorandum 026, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  7. Paula Jaramillo & Çagtay Kayi & Flip Klijn, 2012. "Asymmetrically Fair Rules for an Indivisible Good Problem with a Budget Constraint," DOCUMENTOS CEDE 009425, UNIVERSIDAD DE LOS ANDES-CEDE.
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  14. Lars-Gunnar Svensson, 2009. "Coalitional strategy-proofness and fairness," Economic Theory, Springer, vol. 40(2), pages 227-245, August.
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  16. Aumann, Robert J. & Maschler, Michael, 1985. "Game theoretic analysis of a bankruptcy problem from the Talmud," Journal of Economic Theory, Elsevier, vol. 36(2), pages 195-213, August.
  17. Maus, Stefan & Peters, Hans & Storcken, Ton, 2007. "Anonymous voting and minimal manipulability," Journal of Economic Theory, Elsevier, vol. 135(1), pages 533-544, July.
  18. Flip Klijn, 2000. "An algorithm for envy-free allocations in an economy with indivisible objects and money," Social Choice and Welfare, Springer, vol. 17(2), pages 201-215.
  19. Jackson, Matthew O., 1992. "Incentive compatibility and competitive allocations," Economics Letters, Elsevier, vol. 40(3), pages 299-302, November.
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