Economics at your fingertips  

Envy-free allocation of indivisible goods with money and externalities

Satoshi Nakada ()
Additional contact information
Satoshi Nakada: Graduate School of Economics, Hitotsubashi University

Economics Bulletin, 2018, vol. 38, issue 1, 52-59

Abstract: This paper considers an envy-free allocation of a single indivisible good in the quasi-linear utility environment where a monetary transfer is allowed and externalities among agents exist. We show that an envy-free allocation does not exist if a degree of the externalities is high enough and there are two groups of agents: one group of agents can but the other group of agents cannot enjoy externalities. We also show that both efficient allocations and envy-free allocations are generally incompatible whereas they are always compatible without externalities.

Keywords: envy-free allocation; indivisible goods; network; externality (search for similar items in EconPapers)
JEL-codes: D6 (search for similar items in EconPapers)
Date: 2018-01-21
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (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:

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

Page updated 2019-06-29
Handle: RePEc:ebl:ecbull:eb-17-00267