We construct "simple" games implementing in Nash equilibria several solutions to the problem of fair division. These solutions are the no-envy solution, which selects the allocations such that no agent would prefer someone else's bundle to his own, and several variants of this solution. Components of strategies can be interpreted as allocations, consumption bundles, permutations, points in simplices of dimensionalities equal to the number of goods or to the number of agents, and integers. We also propose a simple game implementing the Pareto solution and games implementing the intersections of the Pareto solution with each of these solutions.
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Paper provided by University of Rochester - Center for Economic Research (RCER) in its series RCER Working Papers with number
510.
Length: 20 pages Date of creation: Nov 2004 Date of revision: Handle: RePEc:roc:rocher:510
Contact details of provider: Postal: UNIVERSITY OF ROCHESTER, CENTER FOR ECONOMIC RESEARCH, DEPARTMENT OF ECONOMICS, HARKNESS 231 ROCHESTER NEW YORK 14627 U.S.A.
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Barbera, Salvador & Jackson, Matthew O, 1995.
"Strategy-Proof Exchange,"
Econometrica,
Econometric Society, vol. 63(1), pages 51-87, January.
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Salvador Barbera & Matthew O. Jackson, 1993.
"Strategy-Proof Exchange,"
Discussion Papers
1021, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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