Maskin monotonicity in economies with indivisible goods and money

Yuji Fujinaka; Toyotaka Sakai

doi:10.1016/j.econlet.2006.06.038

Maskin monotonicity in economies with indivisible goods and money

Yuji Fujinaka, Toyotaka Sakai

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

We consider the problem of allocating indivisible objects with monetary transfers. We show that any Maskin monotonic allocation rule exhibits strong asymmetry in treating agents even on finitely restricted preference domains.

Original language	English
Pages (from-to)	253-258
Number of pages	6
Journal	Economics Letters
Volume	94
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2006.06.038
Publication status	Published - 2007 Feb 1
Externally published	Yes

Keywords

Fair allocation
Indivisible goods
Maskin monotonicity
Nash implementation
Restricted domain

ASJC Scopus subject areas

Finance
Economics and Econometrics

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abstract = "We consider the problem of allocating indivisible objects with monetary transfers. We show that any Maskin monotonic allocation rule exhibits strong asymmetry in treating agents even on finitely restricted preference domains.",

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KW - Maskin monotonicity

KW - Nash implementation

KW - Restricted domain

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