Fair and efficient allocations when preferences are single-dipped
Bas Dietzenbacher and
Yuki Tamura
Journal of Mathematical Economics, 2024, vol. 115, issue C
Abstract:
One unit of an infinitely divisible and non-disposable commodity has to be allocated among a group of agents with single-dipped preferences. We combine Pareto optimality with equal treatment of equals, the equal division lower bound, the equal division core, envy-freeness, and group envy-freeness. For each of these fairness requirements, we provide a necessary and sufficient condition for compatibility with Pareto optimality and we characterize all corresponding allocations for each preference profile.
Keywords: resource allocation; single-dipped preferences; Pareto optimality; fairness (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:115:y:2024:i:c:s0304406824001083
DOI: 10.1016/j.jmateco.2024.103048
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