Fair allocation with (semi-single-peaked) preferences over location and quantity
Mihir Bhattacharya () and
Ojasvi Khare ()
Additional contact information
Mihir Bhattacharya: Ashoka University
No 111, Working Papers from Ashoka University, Department of Economics
Abstract:
We consider the problem of dividing and allocating a perfectly divisible heterogeneous good where agents have a preference for location and quantity. We assume that preferences are single-peaked in quantity, i.e., semi-single-peaked which can be represented by continuous indifference curves (ICs). We show existence of envy-free and Pareto efficient allocation rules, and characterize the set of all such rules using the notion of a balanced IC. We define the balanced-curve allocation (BCA) which uses the region between the two balanced ICs to obtain feasible allocations. We show that an allocation rule is envy-free and Pareto efficient if and only if it is in the set specified by the BCA rule. We show that there is no strategy-proof, envy-free and Pareto efficient allocation rule. We provide some insights into the problem when there are more than 2 agents.
Keywords: Allocation; Envy-free; Location; Quantity; single-peaked (search for similar items in EconPapers)
Pages: 30
Date: 2024-04-04
New Economics Papers: this item is included in nep-des
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://dp.ashoka.edu.in/ash/wpaper/paper111_0.pdf (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: https://EconPapers.repec.org/RePEc:ash:wpaper:111
Access Statistics for this paper
More papers in Working Papers from Ashoka University, Department of Economics
Bibliographic data for series maintained by Ashoka University ().