Egalitarian-equivalent Groves mechanisms in the allocation of heterogenous objects
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.
(This abstract was borrowed from another version of this item.)
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.
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.
Volume (Year): 38 (2012)
Issue (Month): 1 (January)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/economic+theory/journal/355|
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.:
- Shinji Ohseto, 2004. "Implementing egalitarian-equivalent allocation of indivisible goods on restricted domains," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(3), pages 659-670, March.
- 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 427-438, March.
- Duygu Yengin, 2010. "Welfare Bounds in a Growing Population," School of Economics Working Papers 2010-05, University of Adelaide, School of Economics.
- William Thomson, 2007. "Fair Allocation Rules," RCER Working Papers 539, University of Rochester - Center for Economic Research (RCER).
- Salvador Barberà, 2001. "An introduction to strategy-proof social choice functions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 18(4), pages 619-653.
- Szilvia Pápai, 2003. "Groves sealed bid auctions of heterogeneous objects with fair prices," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 20(3), pages 371-385, 06.
- Porter, Ryan & Shoham, Yoav & Tennenholtz, Moshe, 2004. "Fair imposition," Journal of Economic Theory, Elsevier, vol. 118(2), pages 209-228, October.
- Murat Atlamaz & Duygu Yengin, 2008. "Fair Groves mechanisms," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 31(4), pages 573-587, December.
- Elisha A. Pazner & David Schmeidler, 1978.
"Egalitarian Equivalent Allocations: A New Concept of Economic Equity,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 92(4), pages 671-687.
- Elisha A. Pazner & David Schmeidler, 1975. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," Discussion Papers 174, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- 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.
- 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.
- Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
- Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July. Full references (including those not matched with items on IDEAS)