Incentives and Efficiency in Constrained Allocation Mechanisms

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Date

11 juin 2020

Type de document
Périmètre
Identifiant
  • 2006.06776
Collection

arXiv

Organisation

Cornell University




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Joseph Root et al., « Incentives and Efficiency in Constrained Allocation Mechanisms », arXiv - économie


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We study private-good allocation under general constraints. Several prominent examples are special cases, including house allocation, roommate matching, social choice, and multiple assignment. Every individually strategy-proof and Pareto efficient two-agent mechanism is an "adapted local dictatorship." Every group strategy-proof N-agent mechanism has two-agent marginal mechanisms that are adapted local dictatorships. These results yield new characterizations and unifying insights for known characterizations. We find all group strategy-proof and Pareto efficient mechanisms for the roommates problem. We give a related result for multiple assignment. We prove the Gibbard--Satterthwaite Theorem and give a partial converse.

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