Uniform Allocation and Reallocation Revisited

Details

Serval ID
serval:BIB_879F42837383
Type
Article: article from journal or magazin.
Collection
Publications
Title
Uniform Allocation and Reallocation Revisited
Journal
Review of Economic Design
Author(s)
Klaus B.
ISSN
1434-4742
Publication state
Published
Issued date
2001
Peer-reviewed
Oui
Volume
6
Number
1
Pages
85-98
Language
english
Abstract
Thomson (1995a) proved that the uniform allocation rule is the only allocation rule for allocation economies with single-peaked preferences that satisfies Pareto efficiency, no-envy,one-sided population-monotonicity, and replication-invariance on a restricted domain of single-peaked preferences. We prove that this result also holds on the unrestricted domain of single-peaked preferences.
Next, replacing one-sided population-monotonicity by one-sided replacement-domination yields another characterization of the uniform allocation rule, Thomson (1997a). We show how this result can be extended to the more general framework of reallocation economies with individual endowments and single-peaked preferences.
Following Thomson (1995b) we present allocation and reallocation economies in a unified framework of open economies.
Keywords
Fair allocation and reallocation, Open economies, Single-peaked preferences, Population-monotonicity, Replacement-domination
Create date
11/05/2010 15:34
Last modification date
20/08/2019 15:46
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