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Random assignment under weak preferences

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  • YIlmaz, Özgür

Abstract

The natural preference domain for many practical settings of the assignment problems is the one in which agents are allowed to be indifferent between objects, the weak preference domain. Most of the existing work on assignment problems assumes strict preferences. There are important exceptions, but they provide solutions only to the assignment problems with a social endowment, where agents own objects collectively and there are no private endowments. We consider the general class of assignment problems with private endowments and a social endowment. Our main contribution is a recursive solution for the weak preference domain. Our solution satisfies individual rationality, ordinal efficiency and a recently introduced fairness axiom, no justified-envy.

Suggested Citation

  • YIlmaz, Özgür, 2009. "Random assignment under weak preferences," Games and Economic Behavior, Elsevier, vol. 66(1), pages 546-558, May.
  • Handle: RePEc:eee:gamebe:v:66:y:2009:i:1:p:546-558
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    References listed on IDEAS

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    3. Stergios Athanassoglou & Jay Sethuraman, 2011. "House allocation with fractional endowments," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(3), pages 481-513, August.
    4. YIlmaz, Özgür, 2010. "The probabilistic serial mechanism with private endowments," Games and Economic Behavior, Elsevier, vol. 69(2), pages 475-491, July.
    5. Balbuzanov, Ivan, 2022. "Constrained random matching," Journal of Economic Theory, Elsevier, vol. 203(C).
    6. Cho, Wonki Jo, 2016. "When is the probabilistic serial assignment uniquely efficient and envy-free?," Journal of Mathematical Economics, Elsevier, vol. 66(C), pages 14-25.
    7. Alcalde, Jose & Silva-Reus, José Ángel, 2013. "Allocating via Priorities," QM&ET Working Papers 13-3, University of Alicante, D. Quantitative Methods and Economic Theory.
    8. Hougaard, Jens Leth & Moreno-Ternero, Juan D. & Østerdal, Lars Peter, 2014. "Assigning agents to a line," Games and Economic Behavior, Elsevier, vol. 87(C), pages 539-553.
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    11. C. Gizem Korpeoglu, 2018. "Allocation of an indivisible object on the full preference domain: axiomatic characterizations," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 6(1), pages 41-53, April.
    12. Han, Xiang, 2024. "A theory of fair random allocation under priorities," Theoretical Economics, Econometric Society, vol. 19(3), July.
    13. Kesten, Onur & Unver, Utku, 2015. "A theory of school choice lotteries," Theoretical Economics, Econometric Society, vol. 10(2), May.
    14. Wonki Jo Cho, 2018. "Probabilistic assignment: an extension approach," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 51(1), pages 137-162, June.
    15. Haris Aziz & Yoichi Kasajima, 2017. "Impossibilities for probabilistic assignment," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 49(2), pages 255-275, August.
    16. YIlmaz, Özgür, 2011. "Kidney exchange: An egalitarian mechanism," Journal of Economic Theory, Elsevier, vol. 146(2), pages 592-618, March.
    17. Andrew McLennan & Shino Takayama & Yuki Tamura, 2024. "An Efficient, Computationally Tractable School Choice Mechanism," Discussion Papers Series 668, School of Economics, University of Queensland, Australia.

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