Double implementation in a market for indivisible goods with a price constraint
نویسنده
چکیده
I consider the problem of assigning agents to indivisible objects, in which each agent pays a price for his object and all prices sum to a given constant. The objective is to select an assignment-price pair that is envyfree with respect to the agents’ true preferences. I propose a simple mechanism whereby agents announce valuations for all objects and an envy-free allocation is selected with respect to these announced preferences. I prove that the proposed mechanism implements both in Nash and strong Nash equilibrium the set of true envy-free allocations. Journal of Economic Literature classification numbers: C78, C71, D78
منابع مشابه
Cardiff Economics Working Papers Helmuts Azacis Double Implementation in a Market for Indivisible Goods with a Price Constraint
I consider the problem of assigning agents to indivisible objects, in which each agent pays a price for his object and all prices sum to a given constant. The objective is to select an assignment-price pair that is envyfree with respect to the agents’ true preferences. I propose a simple mechanism whereby agents announce valuations for all objects and an envy-free allocation is selected with re...
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عنوان ژورنال:
- Games and Economic Behavior
دوره 62 شماره
صفحات -
تاریخ انتشار 2008