We study a simple model of assigning indivisible objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. We completely describe all rules satisfying efficiency and resource-monotonicity. The characterized rules assign the objects in a sequence of steps such that at each step there is either a dictator or two agents who “trade” objects from their hierarchically specified “endowments.”
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Paper provided by Centre interuniversitaire de recherche en économie quantitative, CIREQ in its series Cahiers de recherche with number
12-2003.
References listed on IDEAS 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.:
Lars Ehlers & Bettina Klaus, 2002.
"Efficient Priority Rules,"
UFAE and IAE Working Papers
554.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
[Downloadable!]
Other versions:
EHLERS, Lars & KLAUS, Bettina, 2003.
"Efficient Priority Rules,"
Cahiers de recherche
11-2003, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
[Downloadable!]
EHLERS, Lars & KLAUS, Bettina, 2005.
"Consistent House Allocation,"
Cahiers de recherche
2005-08, Universite de Montreal, Departement de sciences economiques.
[Downloadable!]
Other versions:
Ehlers,Lars & Klaus,Bettina, 2005.
"Consistent House Allocation,"
Research Memoranda
007, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
[Downloadable!]
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