Consistent House Allocation

Lars Ehlers and Bettina Klaus ()

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: In practice we often face the problem of assigning indivisible objects (e.g., schools, housing, jobs, offices) to agents (e.g., students, homeless, workers, professors) when monetary compensations are not possible. We show that a rule that satisfies consistency, strategy-proofness, and efficiency must be an efficient generalized priority rule; i.e. it must adapt to an acyclic priority structure, except -maybe- for up to three agents in each object's priority ordering.

Keywords: indivisible objects; iority structure; consistency; strategy-oofness. (search for similar items in EconPapers)
JEL-codes: D63 D70 (search for similar items in EconPapers)
Date: Written 2005
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http://hdl.handle.net/1866/537 (application/pdf)

Related works:
Working Paper: Consistent House Allocation (2005)
Journal Article: Consistent House Allocation (2007)
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