Strategy-proof and envy-free mechanisms for house allocation

Priyanka Shende and Manish Purohit

Journal of Economic Theory, 2023, vol. 213, issue C

Abstract: We consider the problem of allocating indivisible objects to agents when agents have strict preferences over objects. There are inherent trade-offs between competing notions of efficiency, fairness and incentives in such assignment mechanisms. It is, therefore, natural to consider mechanisms that satisfy two of these three properties in their strongest notions, while trying to improve on the third dimension. In this paper, we are motivated by the following question: Is there a strategy-proof and envy-free random assignment mechanism more efficient than equal division?

Keywords: Random assignment; Ordinal; Strategy-proofness; Envy-freeness; Equal division (search for similar items in EconPapers)
JEL-codes: C78 D61 D63 D71 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:213:y:2023:i:c:s0022053123001084

DOI: 10.1016/j.jet.2023.105712

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