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Consistent House Allocation

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  • EHLERS, Lars
  • KLAUS, Bettina

Abstract

In practice we often face the problem of assigning indivisible objects (e.g., schools, housing, jobs, offices) to agents (e.g., students, homeless, workers, professors) when monetary compensations are not possible. We show that a rule that satisfies consistency, strategy-proofness, and efficiency must be an efficient generalized priority rule; i.e., it must adapt to an acylic priority structure, except - maybe - for up to three agents in each object's priority ordering.

Suggested Citation

  • EHLERS, Lars & KLAUS, Bettina, 2005. "Consistent House Allocation," Cahiers de recherche 08-2005, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  • Handle: RePEc:mtl:montec:08-2005
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    References listed on IDEAS

    as
    1. Ausubel Lawrence M & Milgrom Paul R, 2002. "Ascending Auctions with Package Bidding," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 1(1), pages 1-44, August.
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    More about this item

    Keywords

    indivisible objects; priority structure; consistency; strategy-proofness;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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