Reclaim-proof allocation of indivisible objects
Özgün Ekici
Games and Economic Behavior, 2013, vol. 81, issue C, 1-10
Abstract:
We study desirability axioms imposed on allocations in indivisible object allocation problems. The existing axioms in the literature are various conditions of robustness to blocking coalitions with respect to agentsʼ ex ante (individual rationality and group rationality) and ex post (Pareto efficiency) endowments. We introduce a stringent axiom that encompasses and strengthens the existing ones. An allocation is reclaim-proof if it is robust to blocking coalitions with respect to any conceivable interim endowments of agents. This is an appealing property in dynamic settings, where the assignments prescribed by an allocation to be implemented need to be made in multiple rounds rather than all in one shot. We show that an allocation is reclaim-proof if and only if it is induced by a YRMH–IGYT mechanism (introduced by Abdulkadiroğlu and Sönmez, 1999) and if and only if it is a competitive allocation.
Keywords: Indivisible object allocation; House allocation with existing tenants; House allocation; Housing market; Reclaim-proof; Competitive allocation; Core (search for similar items in EconPapers)
JEL-codes: C78 D70 D78 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:81:y:2013:i:c:p:1-10
DOI: 10.1016/j.geb.2013.03.013
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