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Identical Preferences Lower Bound for Allocation of Heterogenous Tasks and NIMBY Problems

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  • DUYGU YENGIN

Abstract

We study the allocation of collectively owned indivisible goods when monetary transfers are possible. We restrict our attention to incentive compatible mechanisms which allocate the goods efficiently. Among these mechanisms, we characterize those that respect the identical-preferences lower-bound: each agent should be at least as well off as in an hypothetical economy where all agents have the same preference as hers, no agent envies another, and the budget is balanced.

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File URL: http://hdl.handle.net/10.1111/jpet.2013.15.issue-4
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Article provided by Association for Public Economic Theory in its journal Journal of Public Economic Theory.

Volume (Year): 15 (2013)
Issue (Month): 4 (08)
Pages: 580-601

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Handle: RePEc:bla:jpbect:v:15:y:2013:i:4:p:580-601
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Find related papers by JEL classification:
  • C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other
  • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
  • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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  8. Yengin Duygu, 2012. "Characterizing Welfare-egalitarian Mechanisms with Solidarity When Valuations are Private Information," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-35, April.
  9. Duygu Yengin, 2012. "Egalitarian-equivalent Groves mechanisms in the allocation of heterogenous objects," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(1), pages 137-160, January.
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  16. Shinji Ohseto, 2006. "Characterizations of strategy-proof and fair mechanisms for allocating indivisible goods," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(1), pages 111-121, September.
  17. Fleurbaey, Marc, 1995. "Equality and responsibility," European Economic Review, Elsevier, vol. 39(3-4), pages 683-689, April.
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Cited by:

  1. Yengin, Duygu, 2013. "Population monotonic and strategy-proof mechanisms respecting welfare lower bounds," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 389-397.
  2. Paul Lehmann & Felix Creutzig & Melf-Hinrich Ehlers & Nele Friedrichsen & Clemens Heuson & Lion Hirth & Robert Pietzcker, 2012. "Carbon Lock-Out: Advancing Renewable Energy Policy in Europe," Energies, MDPI, Open Access Journal, vol. 5(2), pages 323, February.
  3. Duygu Yengin, 2011. "Population Monotonic and Strategy-Proof Mechanisms Respecting Welfare Lower Bounds," School of Economics Working Papers 2011-34, University of Adelaide, School of Economics.
  4. Duygu Yengin & Youngsub Chun, 2015. "Welfare Lower Bounds and Strategyproofness in the Queueing Problem," School of Economics Working Papers 2015-11, University of Adelaide, School of Economics.
  5. Duygu Yengin, 2015. "No-Envy and Egalitarian-Equivalence under Multi-Object-Demand for Heterogeneous Objects," School of Economics Working Papers 2015-10, University of Adelaide, School of Economics.

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