Fair and group strategy-proof good allocation with money
We completely characterize the class of fair and group strategy-proof mechanisms. We consider two notions of fairness, anonymity in welfare and no-envy. Both fairness axioms, when applied with strategy-proofness, imply decision efficiency, and lead to the same class of group strategy-proof mechanisms (where the group size is restricted to two). We find that the only feasible mechanism satisfying a mild zero transfer axiom, in this class, is the Pivotal mechanism. Copyright Springer-Verlag Berlin Heidelberg 2014
Volume (Year): 42 (2014)
Issue (Month): 2 (February)
|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.:
- Svensson, Lars-Gunnar, 1983. "Large Indivisibles: An Analysis with Respect to Price Equilibrium and Fairness," Econometrica, Econometric Society, vol. 51(4), pages 939-954, July.
- Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July.
- Tadenuma, Koichi & Thomson, William, 1993. "The fair allocation of an indivisible good when monetary compensations are possible," Mathematical Social Sciences, Elsevier, vol. 25(2), pages 117-132, February.
- Yuji Fujinaka & Toyotaka Sakai, 2007. "The Manipulability of Fair Solutions in Assignment of an Indivisible Object with Monetary Transfers," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 9(6), pages 993-1011, December.
- Salvador Barberà & Dolors Berga & Bernardo Moreno, 2009.
"Individual versus group strategy-proofness: when do they coincide?,"
UFAE and IAE Working Papers
761.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Barberà, Salvador & Berga, Dolors & Moreno, Bernardo, 2010. "Individual versus group strategy-proofness: When do they coincide?," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1648-1674, September.
- Salvador Barberà & Dolors Berga & Bernardo Moreno, 2009. "Individual versus group strategy proofedness: when do they coincide?," Working Papers 372, Barcelona Graduate School of Economics.
- Mitra, Manipushpak & Mutuswami, Sureh, 2006.
"Group Strategyproofness in Queueing Models,"
Economics Discussion Papers
8901, University of Essex, Department of Economics.
- Tadenuma, Koichi & Thomson, William, 1991. "No-Envy and Consistency in Economies with Indivisible Goods," Econometrica, Econometric Society, vol. 59(6), pages 1755-1767, November.
- Duygu Yengin, 2010.
"Egalitarian-equivalent Groves Mechanisms in the Allocation of Heterogeneous Objects,"
School of Economics Working Papers
2010-29, University of Adelaide, School of Economics.
- 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.
- Moulin, Herve & Bogomolnaia, Anna, 2001.
"Random Matching under Dichotomous Preferences,"
2001-03, Rice University, Department of Economics.
- Yuji Fujinaka & Toyotaka Sakai, 2009. "The positive consequence of strategic manipulation in indivisible good allocation," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(3), pages 325-348, November.
- Shigehiro Serizawa, 2006.
"Pairwise Strategy-Proofness and Self-Enforcing Manipulation,"
Social Choice and Welfare,
Springer;The Society for Social Choice and Welfare, vol. 26(2), pages 305-331, April.
- Shigehiro Serizawa, 2005. "Pairwise Strategy-Proofness and Self-Enforcing Manipulation," ISER Discussion Paper 0629, Institute of Social and Economic Research, Osaka University.
- 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.
- Kazuhiko Hashimoto & Hiroki Saitoh, 2012. "Strategy-proof and anonymous rule in queueing problems: a relationship between equity and efficiency," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(3), pages 473-480, March.
- Itai Ashlagi & Shigehiro Serizawa, 2012. "Characterizing Vickrey allocation rule by anonymity," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(3), pages 531-542, March.
- Shinji Ohseto, 2000. "Strategy-proof and efficient allocation of an indivisible good on finitely restricted preference domains," International Journal of Game Theory, Springer;Game Theory Society, vol. 29(3), pages 365-374.
- Svensson, Lars-Gunnar & Larsson, Bo, 2000.
"Strategy-Proof and Nonbossy Allocation of Indivisible Goods and Money,"
2000:11, Lund University, Department of Economics.
- Lars-Gunnar Svensson & Bo Larsson, 2002. "Strategy-proof and nonbossy allocation of indivisible goods and money," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 20(3), pages 483-502.
- Barbera, Salvador & Jackson, Matthew O, 1995.
Econometric Society, vol. 63(1), pages 51-87, January.
- H. R. Varian, 1973.
"Equity, Envy and Efficiency,"
115, Massachusetts Institute of Technology (MIT), Department of Economics.
- Toyotaka Sakai, 2013. "An equity characterization of second price auctions when preferences may not be quasilinear," Review of Economic Design, Springer;Society for Economic Design, vol. 17(1), pages 17-26, March.
- Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:42:y:2014:i:2:p:289-311. 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 references are entirely missing, you can add them using this form.