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| Content Provider | Springer Nature Link |
|---|---|
| Author | Andersson, Tommy Svensson, Lars Gunnar |
| Copyright Year | 2007 |
| Abstract | This paper investigates the problem of allocating two types of indivisible objects among a group of agents when a priority-order must be respected and only restricted monetary transfers are allowed. Since the existence of a fair (as in envy-free) allocation is not generally guaranteed, due to the restrictions on the money transfers, the concept of fairness is weakened, and a new concept of fairness is introduced. This concept is called weak fairness. This paper defines an allocation rule that implements weakly fair allocations and demonstrates that it is coalitionally strategy-proof. In fact, under a mild regulatory condition and quasi-linear utility functions, it is demonstrated that this is the only coalitionally strategy-proof allocation rule that implements a weakly fair allocation. |
| Starting Page | 321 |
| Ending Page | 338 |
| Page Count | 18 |
| File Format | |
| ISSN | 14344742 |
| Journal | Review of Economic Design |
| Volume Number | 11 |
| Issue Number | 4 |
| e-ISSN | 14344750 |
| Language | English |
| Publisher | Springer-Verlag |
| Publisher Date | 2007-12-11 |
| Publisher Place | Berlin, Heidelberg |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Indivisibles Fairness Weak fairness Strategy-proofness Economic Policy Economics general |
| Content Type | Text |
| Resource Type | Article |
| Subject | Economics, Econometrics and Finance |
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