Strategy-Proof and Fair Mechanism in Shapley-Scarf Economies

Kazuhiko Hashimoto and Hiroki Saitoh ()

No 1110, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: We study strategy-proof and fair mechanism in Shapley and Scarf (1974) economies. We introduce a new condition for fairness, we call envy-freeness for equal position. It requires that if one agent prefers the other fs allocation, he should not prefer it to his allocation that is assigned at the situation that we regard as the one their position are exchanged. We show that a mechanism satisfies strategyproofness, individual rationality, envy-freeness for equal position, and non-bossiness if and only if it is either the core mechanism or the no-trade mechanism.

Pages: 15pages
Date: 2011-07
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:koe:wpaper:1110

Access Statistics for this paper

More papers in Discussion Papers from Graduate School of Economics, Kobe University Contact information at EDIRC.
Bibliographic data for series maintained by Kimiaki Shirahama ( this e-mail address is bad, please contact ).