Allocation by coercion

Antonio Quesada

MPRA Paper from University Library of Munich, Germany

Abstract: The problem of allocating indivisible goods is considered when groups of individuals can make use of their power to plunder other groups. A monarch in a group of individuals is an individual who always obtains one of his most preferred goods. A Paretian condition together with a requirement of robust stability lead to the existence of monarchs in all subsets of individuals, except possibly one.

Keywords: Allocation rule; dictator; indivisible good; power; coalition formation. (search for similar items in EconPapers)
JEL-codes: D61 D71 D85 (search for similar items in EconPapers)
Date: 2009-11-30
New Economics Papers: this item is included in nep-cdm and nep-pol
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