Fairness in Auctions and Task Assignments
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, fist 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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| Length: | 20 pages |
| Date of creation: | 2009 |
| Handle: | RePEc:adl:wpaper:2009-27 |
| Contact details of provider: | Postal: Adelaide SA 5005 Phone: (618) 8303 5540 Web page: http://www.economics.adelaide.edu.au/ More information through EDIRC
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References listed on IDEAS
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- 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.
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