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Resource-Monotonicity for House Allocation

Author

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  • Lars Ehlers
  • Bettina Klaus

Abstract

We study a simple model of assigning indivisible objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. We completely describe all rules satisfying efficiency, independence of irrelevant objects, and resource-monotonicity. The characterized rules assign the objects in a sequence of steps such that at each step there is either a dictator or two agents "trade" objects from their hierarchically specified "endowments."

Suggested Citation

  • Lars Ehlers & Bettina Klaus, 2003. "Resource-Monotonicity for House Allocation," Working Papers 33, Barcelona School of Economics.
    • Handle: RePEc:bge:wpaper:33
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    References listed on IDEAS

    as
    1. Lars Ehlers & Bettina Klaus, 2003. "Coalitional strategy-proof and resource-monotonic solutions for multiple assignment problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(2), pages 265-280, October.
    2. Szilvia Papai, 2000. "Strategyproof Assignment by Hierarchical Exchange," Econometrica, Econometric Society, vol. 68(6), pages 1403-1434, November.
    3. Lars Ehlers & Bettina Klaus, 2007. "Consistent House Allocation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(3), pages 561-574, March.
    4. Ehlers, Lars & Klaus, Bettina, 2006. "Efficient priority rules," Games and Economic Behavior, Elsevier, vol. 55(2), pages 372-384, May.
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    20. Ehlers, Lars, 2002. "Coalitional Strategy-Proof House Allocation," Journal of Economic Theory, Elsevier, vol. 105(2), pages 298-317, August.
    21. ,, 2003. "Problems And Solutions," Econometric Theory, Cambridge University Press, vol. 19(2), pages 411-413, April.
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    Cited by:

    1. Rustamdjan Hakimov & Onur Kesten, 2018. "The Equitable Top Trading Cycles Mechanism For School Choice," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(4), pages 2219-2258, November.
    2. Fuhito Kojima & M. Utku Ünver, 2010. "The 'Boston' School-Choice Mechanism," Boston College Working Papers in Economics 729, Boston College Department of Economics, revised 08 Oct 2010.
    3. Bettina Klaus & Flip Klijn, 2007. "Fair and efficient student placement with couples," International Journal of Game Theory, Springer;Game Theory Society, vol. 36(2), pages 177-207, October.
    4. Lars Ehlers & Bettina Klaus, 2007. "Consistent House Allocation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 30(3), pages 561-574, March.
    5. Klaus, Bettina & Klijn, Flip, 2013. "Local and global consistency properties for student placement," Journal of Mathematical Economics, Elsevier, vol. 49(3), pages 222-229.
    6. Pycia, Marek & Unver, Utku, 2017. "Incentive compatible allocation and exchange of discrete resources," Theoretical Economics, Econometric Society, vol. 12(1), January.
    7. Sonmez, Tayfun & Utku Unver, M., 2005. "House allocation with existing tenants: an equivalence," Games and Economic Behavior, Elsevier, vol. 52(1), pages 153-185, July.
    8. Marek Pycia & M. Utku Ünver, 2016. "Arrovian Efficiency in Allocation of Discrete Resources," Boston College Working Papers in Economics 916, Boston College Department of Economics.
    9. Fuhito Kojima & M. Ünver, 2014. "The “Boston” school-choice mechanism: an axiomatic approach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(3), pages 515-544, April.
    10. Benedict Dellaert & Vladislav Golounov & Jaideep Prabhu, 2005. "The Impact of Price Disclosure on Dynamic Shopping Decisions," Marketing Letters, Springer, vol. 16(1), pages 37-52, January.
    11. Ehlers, Lars & Klaus, Bettina, 2006. "Efficient priority rules," Games and Economic Behavior, Elsevier, vol. 55(2), pages 372-384, May.
    12. Quesada, Antonio, 2009. "Allocation of objects with conditional property rights," MPRA Paper 19469, University Library of Munich, Germany.
    13. EHLERS, Lars & KLAUS, Bettina, 2009. "Allocation via Deferred-Acceptance under Responsive Priorities," Cahiers de recherche 2009-16, Universite de Montreal, Departement de sciences economiques.
    14. Pycia, Marek & Ãœnver, M. Utku, 2020. "Arrovian Efficiency and Auditability in the Allocation of Discrete Resources," CEPR Discussion Papers 15377, C.E.P.R. Discussion Papers.
    15. Dur, Umut & Paiement, Scott, 2024. "A characterization of the top trading cycles mechanism for the school choice problem," Mathematical Social Sciences, Elsevier, vol. 129(C), pages 93-100.

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    More about this item

    Keywords

    Indivisible objects; resource-monotonicity;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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