IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article

Consistent strategy-proof assignment by hierarchical exchange

  • Rodrigo Velez

    ()

We characterize the family of efficient, consistent, and strategy-proof rules in house allocation problems. These rules follow an endowment inheritance and trade procedure as in Pápai’s hierarchical exchange rules (Pápai in Econometrica 68, 1403–1433, 2000 ) and closely resemble Ergin’s priority rules (Ergin in Econometrica 70, 2489–2497, 2002 ). We prove that if there are at least four objects, these are the only rules that are efficient in two-agent problems, $$2$$ 2 -consistent, and strategy-proof. A corollary is that these three basic properties together imply the full requirements of efficiency, consistency, group strategy-proofness, and reallocation-proofness. Copyright Springer-Verlag Berlin Heidelberg 2014

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1007/s00199-013-0774-y
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Springer & Society for the Advancement of Economic Theory (SAET) in its journal Economic Theory.

Volume (Year): 56 (2014)
Issue (Month): 1 (May)
Pages: 125-156

as
in new window

Handle: RePEc:spr:joecth:v:56:y:2014:i:1:p:125-156
Contact details of provider: Web page: http://www.springer.com

Web page: http://saet.uiowa.edu/

More information through EDIRC

Order Information: Web: http://www.springer.com/economics/economic+theory/journal/199/PS2

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.:

as in new window
  1. EHLERS, Lars & KLAUS, Bettina, 2003. "Efficient Priority Rules," Cahiers de recherche 2003-13, Universite de Montreal, Departement de sciences economiques.
  2. Toru Hokari & William Thomson, 2007. "On properties of division rules lifted by bilateral consistency," RCER Working Papers 536, University of Rochester - Center for Economic Research (RCER).
  3. EHLERS, Lars & KLAUS, Bettina, 2005. "Consistent House Allocation," Cahiers de recherche 2005-08, Universite de Montreal, Departement de sciences economiques.
  4. Bettina Klaus & Flip Klijn, 2011. "Local and Global Consistency Properties for Student Placement," UFAE and IAE Working Papers 866.11, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  5. William Thomson, 2012. "On the axiomatics of resource allocation: Interpreting the consistency principle," RCER Working Papers 573, University of Rochester - Center for Economic Research (RCER).
  6. Sönmez, Tayfun & Ünver, M. Utku, 2010. "House allocation with existing tenants: A characterization," Games and Economic Behavior, Elsevier, vol. 69(2), pages 425-445, July.
  7. Fuhito Kojima & M. Ünver, 2014. "The “Boston” school-choice mechanism: an axiomatic approach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(3), pages 515-544, April.
  8. Hylland, Aanund & Zeckhauser, Richard, 1979. "The Efficient Allocation of Individuals to Positions," Journal of Political Economy, University of Chicago Press, vol. 87(2), pages 293-314, April.
  9. Lars-Gunnar Svensson, 1999. "Strategy-proof allocation of indivisible goods," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 16(4), pages 557-567.
  10. Atila Abdulkadiroglu & Tayfun Sonmez, 1998. "Random Serial Dictatorship and the Core from Random Endowments in House Allocation Problems," Econometrica, Econometric Society, vol. 66(3), pages 689-702, May.
  11. Ergin, Haluk I., 2000. "Consistency in house allocation problems," Journal of Mathematical Economics, Elsevier, vol. 34(1), pages 77-97, August.
  12. Shapley, Lloyd & Scarf, Herbert, 1974. "On cores and indivisibility," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 23-37, March.
  13. Ehlers, Lars, 2002. "Coalitional Strategy-Proof House Allocation," Journal of Economic Theory, Elsevier, vol. 105(2), pages 298-317, August.
  14. Marek Pycia & M. Utku Ünver, 2009. "Incentive Compatible Allocation and Exchange of Discrete Resources," Boston College Working Papers in Economics 715, Boston College Department of Economics, revised 11 Mar 2014.
  15. Abdulkadiroglu, Atila & Sonmez, Tayfun, 1999. "House Allocation with Existing Tenants," Journal of Economic Theory, Elsevier, vol. 88(2), pages 233-260, October.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:spr:joecth:v:56:y:2014:i:1:p:125-156. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)

or (Rebekah McClure)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.