EconPapers    
Economics at your fingertips  
 

Egalitarian-equivalent and strategy-proof mechanisms in homogeneous multi-object allocation problems

Hinata Kurashita and Ryosuke Sakai

Papers from arXiv.org

Abstract: We study the problem of allocating homogeneous and indivisible objects among agents with money. In particular, we investigate the relationship between egalitarian-equivalence (Pazner and Schmeidler, 1978), as a fairness concept, and efficiency under agents' incentive constraints. As a first result, we characterize the class of mechanisms that satisfy egalitarian-equivalence, strategy-proofness, individual rationality, and no subsidy. Our characterization reveals a strong tension between egalitarian-equivalence and efficiency: under these properties, the mechanisms allocate objects only in limited cases. To address this limitation, we replace strategy-proofness with the weaker incentive property, non-obvious manipulability (Troyan and Morrill, 2020). We show that this relaxation allows us to design mechanisms that achieve efficiency while still ensuring egalitarian-equivalence. Furthermore, upon achieving efficiency, we identify the agent optimal mechanism in the characterized class.

Date: 2025-07
References: Add references at CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/2507.09152 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2507.09152

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().

 
Page updated 2025-07-26
Handle: RePEc:arx:papers:2507.09152