Equity and the Vickrey allocation rule on general preference domains
Tsuyoshi Adachi ()
Social Choice and Welfare, 2014, vol. 42, issue 4, 813-830
Abstract:
We consider the problem of allocating multiple units of an indivisible good among a group of agents in which each agent demands at most one unit of the good and money payment or receipt is required. Under general preference domains that may contain non quasi-linear preferences, the Vickrey allocation rule is characterized by axioms for equity and continuity without use of efficiency: namely, the Vickrey rule is the only rule that satisfies strategy-proofness, weak envy-freeness for equals, non-imposition, and continuity of welfare. Copyright Springer-Verlag Berlin Heidelberg 2014
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sochwe:v:42:y:2014:i:4:p:813-830
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DOI: 10.1007/s00355-013-0752-0
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