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Packaging for allocation

Author

Listed:
  • Liu, Peng
  • Xu, Sijia

Abstract

The allocation of indivisible objects is studied where individuals claim packages of them and a rule determines the number of each package to be allocated. There exists a rule satisfying feasibility, efficiency, and composition down (or composition up) if and only if the set of institutionally feasible packages is a hierarchy, i.e., for any pair of packages, either that they are disjoint or that one contains the other. Moreover, on a hierarchy, the unique rules satisfying the aforementioned properties are priority rules where a package has higher priority than another if it contains the other.

Suggested Citation

  • Liu, Peng & Xu, Sijia, 2024. "Packaging for allocation," Economics Letters, Elsevier, vol. 243(C).
    • Handle: RePEc:eee:ecolet:v:243:y:2024:i:c:s0165176524004166
    DOI: 10.1016/j.econlet.2024.111932
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    References listed on IDEAS

    as
    1. Szilvia Papai, 2000. "Strategyproof Assignment by Hierarchical Exchange," Econometrica, Econometric Society, vol. 68(6), pages 1403-1434, November.
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    4. Thomson, William, 2015. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: An update," Mathematical Social Sciences, Elsevier, vol. 74(C), pages 41-59.
    5. Pycia, Marek & Unver, Utku, 2017. "Incentive compatible allocation and exchange of discrete resources," Theoretical Economics, Econometric Society, vol. 12(1), January.
    6. Szilvia Pápai, 2001. "Strategyproof and Nonbossy Multiple Assignments," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 3(3), pages 257-271, July.
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    More about this item

    Keywords

    Indivisible objects; Hierarchy; Package; Priority rule; Composition up; Composition down;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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