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
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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10.1016/j.econlet.2006.06.038

Cite this

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title = "Maskin monotonicity in economies with indivisible goods and money",

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.",

keywords = "Fair allocation, Indivisible goods, Maskin monotonicity, Nash implementation, Restricted domain",

author = "Yuji Fujinaka and Toyotaka Sakai",

year = "2007",

month = feb,

doi = "10.1016/j.econlet.2006.06.038",

language = "English",

volume = "94",

pages = "253--258",

journal = "Economics Letters",

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T1 - Maskin monotonicity in economies with indivisible goods and money

AU - Fujinaka, Yuji

AU - Sakai, Toyotaka

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AB - 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.

KW - Fair allocation

KW - Indivisible goods

KW - Maskin monotonicity

KW - Nash implementation

KW - Restricted domain

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DO - 10.1016/j.econlet.2006.06.038

M3 - Article

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VL - 94

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EP - 258

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 2

ER -

Maskin monotonicity in economies with indivisible goods and money

Abstract

Keywords

ASJC Scopus subject areas

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