Extending the characterization of maximum Nash welfare

Sheung Man Yuen and Warut Suksompong

Economics Letters, 2023, vol. 224, issue C

Abstract: In the allocation of indivisible goods, the maximum Nash welfare rule has recently been characterized as the only rule within the class of additive welfarist rules that satisfies envy-freeness up to one good. We extend this characterization to the class of all welfarist rules.

Keywords: Fair division; Maximum Nash welfare; Characterization; Welfarist rule (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:224:y:2023:i:c:s0165176523000551

DOI: 10.1016/j.econlet.2023.111030

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