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Strategy-proof and anonymous allocation mechanisms in economies with an indivisible good

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  • Zhen Zhao

Abstract

We study the problem of allocating a single indivisible good to at most one of n agents when the preferences of agents' are quasilinear, monetary transfers are allowed and strategy-proof mechanism is needed. In this paper, we consider the possibility of constructing feasible allocation mechanisms which satisfy strategy-proofness, anonymity, budget balance and no wastage. In two and three agents cases, we show an impossibility result.

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  • Zhen Zhao, 2024. "Strategy-proof and anonymous allocation mechanisms in economies with an indivisible good," TUPD Discussion Papers 52, Graduate School of Economics and Management, Tohoku University.
    • Handle: RePEc:toh:tupdaa:52
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    File URL: http://hdl.handle.net/10097/0002002517
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    1. Svensson, Lars-Gunnar, 1983. "Large Indivisibles: An Analysis with Respect to Price Equilibrium and Fairness," Econometrica, Econometric Society, vol. 51(4), pages 939-954, July.
    2. Athanasiou, Efthymios, 2013. "A Solomonic solution to the problem of assigning a private indivisible good," Games and Economic Behavior, Elsevier, vol. 82(C), pages 369-387.
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