16 research outputs found

    Augmented serial rules for an excludable public good

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    We present a new class of rules named “augmented serial rules” for the provision of an excludable public good. First, we characterize this class by the four axioms of strategy-proofness, envy-freeness, access independence, and nonbossiness. Second, we identify two important subclasses by imposing an additional axiom: (i) “anonymous augmented serial rules” by anonymity, and (ii) Moulin’s serial rule by individual rationality. Copyright Springer-Verlag Berlin/Heidelberg 2005Excludable public good, Strategy-proofness, Augmented serial rules.,

    Implementing egalitarian-equivalent allocation of indivisible goods on restricted domains

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    We study the problem of allocating several units of homogeneous indivisible goods when monetary compensations are possible. First, we show that there is no strategy-proof, budget balanced, and egalitarian-equivalent mechanism even on extremely restricted preference domains. Next, we present two characterizations of strategy-proof and decision-efficient mechanisms that satisfy a stronger version of egalitarian-equivalence on preference domains bounded above. These characterizations tell us a trade-off between strategy-proofness and Pareto efficiency, and a relationship with strategy-proof and envy-free mechanisms. Finally, we prove that no egalitarian-equivalent mechanism is Nash implementable even on extremely restricted preference domains. Copyright Springer-Verlag Berlin/Heidelberg 2004Indivisible goods, Egalitarian-equivalence, Strategy-proofness, Nash implementation.,

    Strategy-proof allocation mechanisms for economies with an indivisible good

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    We consider economies with a single indivisible good and money. We characterize the set of mechanisms that satisfy strategy-proofness, individual rationality, equal compensation, and demand monotonicity. There are three types of mechanisms which have the following properties: (i) they determine the allocation of monetary compensation depending on who receives the indivisible good; (ii) they allocate the indivisible good to one of the pre-specified (one or two) agent(s); and (iii) they disregard preferences of agents other than the pre-specified agent(s). This result implies that the presence of an indivisible good induces serious asymmetry in mechanisms.

    Strategy-proof and efficient allocation of an indivisible good on finitely restricted preference domains

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    We consider allocation mechanisms in economies with a single indivisible good and money. First, we show that there is no strategy-proof and Pareto efficient mechanism on some preference domains which consist of a sufficiently large but finite number of quasi-linear preferences. Second, we show that there is no strategy-proof, Pareto efficient, and equally compensatory mechanism on arbitrary preference domains which consist of more than three quasi-linear preferences.Strategy-proofness, efficiency, domain restriction
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