Stable and efficient resource allocation under weak priorities | |
Han, Xiang1,2 | |
刊名 | GAMES AND ECONOMIC BEHAVIOR
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2018-01 | |
卷号 | 107页码:1-20 |
关键词 | Indivisible object Priority House allocation Housing market Stability Group strategy-proofness |
ISSN号 | 0899-8256 |
DOI | 10.1016/j.geb.2017.10.013 |
英文摘要 | We study the indivisible object allocation problem without monetary transfer, in which each object is endowed with a weak priority ordering over agents. It is well known that stability is generally not compatible with efficiency. We characterize the priority structures for which a stable and efficient assignment always exists, as well as the priority structures that admit a stable, efficient and (group) strategy-proof rule. While house allocation problems and housing markets are two classic families of allocation problems that admit a stable, efficient and group strategy-proof rule, any priority-augmented allocation problem with more than three objects admits such a rule if and only if it is decomposable into a sequence of subproblems, each of which has the structure of a house allocation problem or a housing market. (C) 2017 Elsevier Inc. All rights reserved. |
WOS研究方向 | Business & Economics |
语种 | 英语 |
出版者 | ACADEMIC PRESS INC ELSEVIER SCIENCE |
WOS记录号 | WOS:000423655600001 |
内容类型 | 期刊论文 |
源URL | [http://10.2.47.112/handle/2XS4QKH4/2814] ![]() |
专题 | 上海财经大学 |
通讯作者 | Han, Xiang |
作者单位 | 1.Shanghai Univ Finance & Econ, Sch Econ, Shanghai 200433, Peoples R China; 2.Minist Educ, Key Lab Math Econ SUFE, Shanghai 200433, Peoples R China |
推荐引用方式 GB/T 7714 | Han, Xiang. Stable and efficient resource allocation under weak priorities[J]. GAMES AND ECONOMIC BEHAVIOR,2018,107:1-20. |
APA | Han, Xiang.(2018).Stable and efficient resource allocation under weak priorities.GAMES AND ECONOMIC BEHAVIOR,107,1-20. |
MLA | Han, Xiang."Stable and efficient resource allocation under weak priorities".GAMES AND ECONOMIC BEHAVIOR 107(2018):1-20. |
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