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Strategy-Proof and Anonymous Allocation Rules of Indivisible Goods: A New Characterization of Vickrey Allocation Rule

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  • Shigehiro Serizawa

Abstract

We consider situations where a society allocates a finite units of an indivisible good among agents, and each agent receives at most one unit of the good. For example, imagine that a government allocates a fixed number of licences to private firms, or imagine that a government distributes equally divided lands to households. We show that the Vickrey allocation rule is the unique allocation rule satisfying strategy-proofness, anonymity and individual rationality.

Suggested Citation

  • Shigehiro Serizawa, 2006. "Strategy-Proof and Anonymous Allocation Rules of Indivisible Goods: A New Characterization of Vickrey Allocation Rule," ISER Discussion Paper 0648, Institute of Social and Economic Research, Osaka University.
  • Handle: RePEc:dpr:wpaper:0648
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    File URL: http://www.iser.osaka-u.ac.jp/library/dp/2006/DP0648.pdf
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    References listed on IDEAS

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    4. Hiroki Saitoh & Shigehiro Serizawa, 2008. "Vickrey allocation rule with income effect," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(2), pages 391-401, May.
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    6. 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.
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    Cited by:

    1. Kazuhiko Hashimoto & Hiroki Saitoh, 2008. "Strategy-Proof and Anonymous Rule in Queueing Problems: A Relationship between Equity and Efficiency," Discussion Papers in Economics and Business 08-17, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
    2. 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.

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