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Egalitarian-equivalent Groves mechanisms in the allocation of heterogenous objects

  • Duygu Yengin

    ()

We study the problem of allocating objects when monetary transfers are possible. We are interested in mechanisms that allocate the objects in an efficient way and induce the agents to report their true preferences. Within the class of such mechanisms, first we characterize egalitarian-equivalent mechanisms. Then, we add a bounded-deficit condition and characterize the corresponding class. Finally, we investigate the relations between egalitarian-equivalence and other fairness notions such as no-envy.

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File URL: http://hdl.handle.net/10.1007/s00355-010-0523-0
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Article provided by Springer in its journal Social Choice and Welfare.

Volume (Year): 38 (2012)
Issue (Month): 1 (January)
Pages: 137-160

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Handle: RePEc:spr:sochwe:v:38:y:2012:i:1:p:137-160
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  1. Porter, Ryan & Shoham, Yoav & Tennenholtz, Moshe, 2004. "Fair imposition," Journal of Economic Theory, Elsevier, vol. 118(2), pages 209-228, October.
  2. Duygu Yengin, 2010. "Equivalence of Resource/Opportunity Egalitarianism and Welfare Egalitarianism in Quasilinear Domains," School of Economics Working Papers 2010-01, University of Adelaide, School of Economics.
  3. Yves Sprumont, 1995. "Strategyproof Collective Choice in Economic and Political Environments," Canadian Journal of Economics, Canadian Economics Association, vol. 28(1), pages 68-107, February.
  4. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
  5. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July.
  6. Pazner, Elisha A & Schmeidler, David, 1978. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," The Quarterly Journal of Economics, MIT Press, vol. 92(4), pages 671-87, November.
  7. Murat Atlamaz & Duygu Yengin, 2008. "Fair Groves mechanisms," Social Choice and Welfare, Springer, vol. 31(4), pages 573-587, December.
  8. Szilvia Pápai, 2003. "Groves sealed bid auctions of heterogeneous objects with fair prices," Social Choice and Welfare, Springer, vol. 20(3), pages 371-385, 06.
  9. Salvador Barberà, 2001. "An introduction to strategy-proof social choice functions," Social Choice and Welfare, Springer, vol. 18(4), pages 619-653.
  10. Duygu Yengin, 2010. "Welfare Bounds in a Growing Population," School of Economics Working Papers 2010-05, University of Adelaide, School of Economics.
  11. Green, Jerry & Laffont, Jean-Jacques, 1977. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods," Econometrica, Econometric Society, vol. 45(2), pages 427-38, March.
  12. Shinji Ohseto, 2004. "Implementing egalitarian-equivalent allocation of indivisible goods on restricted domains," Economic Theory, Springer, vol. 23(3), pages 659-670, March.
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