Consistent House Allocation
Lars Ehlers and
Bettina Klaus (bettina.klaus@unil.ch)
Cahiers de recherche from Centre interuniversitaire de recherche en économie quantitative, CIREQ
Abstract:
In practice we often face the problem of assigning indivisible objects (e.g., schools, housing, jobs, offices) to agents (e.g., students, homeless, workers, professors) when monetary compensations are not possible. We show that a rule that satisfies consistency, strategy-proofness, and efficiency must be an efficient generalized priority rule; i.e., it must adapt to an acylic priority structure, except - maybe - for up to three agents in each object's priority ordering.
Keywords: indivisible objects; priority structure; consistency; strategy-proofness (search for similar items in EconPapers)
JEL-codes: D63 D70 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2005
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Citations: View citations in EconPapers (3)
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Related works:
Journal Article: Consistent House Allocation (2007) 
Working Paper: Consistent House Allocation (2005) 
Working Paper: Consistent house allocation (2005) 
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Persistent link: https://EconPapers.repec.org/RePEc:mtl:montec:08-2005
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