Serial Dictatorship Mechanisms with Reservation Prices:Heterogeneous Objects

Bettina Klaus () and Alexandru Nichifor

Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie

Keywords: heterogeneous objects; serial dictatorship; individual reservation prices; axiomatic characterization; strategy-proofness; consistency (search for similar items in EconPapers)
JEL-codes: C78 D47 D71 (search for similar items in EconPapers)
Pages: 22 pp. Abstract :We adapt a set of mechanisms introduced by Klaus and Nichifor (2019), serial dictators-hip mechanisms with (individual) reservation prices, to the allocation of heterogeneous indivisible objects, e.g., specialist clinic appointments. We show how the characterization of serial dictatorship mechanisms with reservation prices for homogeneous indivisible objects (Klaus and Nichifor, 2019, Theorem 1) can be adapted to the allocation of heterogeneous indivisible objects by adding neutrality: mechanism ' satis es minimal tradability, individual rationality, strategy-proofness, consistency, independence of unallocated objects, neutrality, and non wasteful tie-breaking if and only if there exists a reservation price vector r and a priority ordering such that ' is a serial dictatorship mechanism with reservation prices based on r and.
Date: 2019-10
New Economics Papers: this item is included in nep-ore
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.unil.ch/de/files/live/sites/de/files/working-papers/19.07.pdf (application/pdf)

Related works:
Journal Article: Serial dictatorship mechanisms with reservation prices: heterogeneous objects (2021)
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:lau:crdeep:19.07

Access Statistics for this paper

More papers in Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie Université de Lausanne, Faculté des HEC, Département d’économie, Internef, CH-1015 Lausanne. Contact information at EDIRC.
Bibliographic data for series maintained by Christina Seld ().