Probabilistic assignments of identical indivisible objects and uniform probabilistic rules
Détails
ID Serval
serval:BIB_12D5E8EA8B9D
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Probabilistic assignments of identical indivisible objects and uniform probabilistic rules
Périodique
Review of Economic Design
ISSN
1434-4742
Statut éditorial
Publié
Date de publication
2003
Peer-reviewed
Oui
Volume
8
Numéro
3
Pages
249-268
Langue
anglais
Résumé
We consider a probabilistic approach to the problem of assigning k indivisible identical objects to a set of agents with single-peaked preferences. Using the ordinal extension of preferences we characterize the class of uniform probabilistic rules by Pareto efficiency, strategy-proofness, and no-envy. We also show that in this characterization no-envy cannot be replaced by anonymity. When agents are strictly risk averse von Neumann-Morgenstern utility maximizer, then we reduce the problem of assigning k identical objects to a problem of allocating the amount k of an infinitely divisible commodity.
Mots-clé
Probabilistic rules, Single-peaked preferences, Strategy-proofness, Uniform allocations
Création de la notice
11/05/2010 14:26
Dernière modification de la notice
20/08/2019 12:41