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Social orderings for the assignment of indivisible objects

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  • MANIQUET, François

Abstract

In the assignment problem of indivisible objects with money, we study social ordering functions which satisfy the requirement that social orderings should be independent of changes in preferences over infeasible bundles. We combine this axiom with efficiency, consistency and equity axioms. Our result is that the only social ordering function satisfying those axioms is the leximin function in money utility.
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Suggested Citation

  • MANIQUET, François, 2009. "Social orderings for the assignment of indivisible objects," LIDAM Reprints CORE 2169, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvrp:2169
    DOI: 10.1016/j.jet.2008.02.003
    Note: In : Journal of Economic Theory, 143, 199-215, 2008
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    3. Medernach, Emmanuel & Sanlaville, Eric, 2012. "Fair resource allocation for different scenarios of demands," European Journal of Operational Research, Elsevier, vol. 218(2), pages 339-350.
    4. Fleurbaey, Marc, 2007. "Two criteria for social decisions," Journal of Economic Theory, Elsevier, vol. 134(1), pages 421-447, May.

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    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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