Welfare measures for binary and indivisible Goods
Pareto-Optimal Allocation of Indivisible Goods with Connectivity Constraints
... An alternative notion of fairness avoids this problem: Pareto-improving upon an MMS allocation preserves the MMS property, because MMS only specifies a lower bound on agents’ utilities. Bouveret et al. (2017) showed that ...
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Indivisible Goods and Fiat Money
... Second Welfare theorems and core equivalence for our equilibrium concept, and we prove that, under suitable conditions on the economy, a rationing equilibrium converges to a Walras equilibrium when the level of ...
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Group Fairness for the Allocation of Indivisible Goods
... divisible goods among a set of ...of goods allocated to another player to her own ...the goods allocated to ...Nash welfare function satisfy both relaxations and can be computed in ...
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Distributed Fair Allocation of Indivisible Goods
... envy measures as well as a set of basic axioms that should be met by any such ...envy measures, it will be possible to investigate how envy within a society evolves over time when negotiation takes ...these ...
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Fair allocation of indivisible goods among two agents
... all goods (Brams and Fishburn, 2000; Edelman and Fishburn, 2001); maxmin divisions or Borda maximin allocations maximize, across allocations, the minimal sum of points, across agents, of an allocation, where the ...
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PP 2016 35: Distributed Fair Allocation of Indivisible Goods
... For all of our convergence results we have also provided corresponding results for the special case of agents with modular preferences. In these cases, convergence can be achieved by means of individually rational deals ...
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Axiomatic and Computational Aspects of Scoring Allocation Rules for Indivisible Goods
... Caragiannis and Procaccia [10] analyze this ordinal-cardinal tradeoff in voting and show that the induced distortion is generally quite low. A reviewer pointed out that this approach also can be seen as optimizing the ...
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Asking for Individual or Household Willingness to Pay for Environmental Goods? Implication for aggregate welfare measures
... Environmental Goods? Implication for aggregate welfare measures Abstract The aggregate welfare measure for a change in the provision of a public good derived from a contingent valuation (CV) ...
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Exchange of indivisible goods and indifferences: the Top Trading Absorbing Sets mechanisms
... The Top Trading Absorbing Sets Algorithm determines an allocation de- pending on the priority ranking ≻ selected in the Step 0. Then, we define a mechanism for each priority ranking in the following way: a mechanism µ is ...
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PP 2010 16: Fair Division under Ordinal Preferences: Computing Envy Free Allocations of Indivisible Goods
... The third parameter is the criterion used to define what makes an allocation “fair”. Restricting attention to ordinal preferences rules out some criteria. For instance, the Rawlsian (or egalitarian) ap- proach to ...
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Welfare Perceptions of Public Expenditure on Environmental and Non Environmental Goods
... different measures of ...existing measures of well-being-life happiness and life ...two measures of well-being are reflected in their imperfect correlation of approximately ...environmental ...
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Cooperative provision of indivisible public goods
... 1. Introduction A community faces the obligation of providing a public good (or service) for its own benefit. It is assumed that the public good is indivisible and that each agent is capable of providing it at a ...
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Cooperative provision of indivisible public goods.
... [email protected] May 2010 Abstract A community faces the obligation of providing an indivisible public good. Each member is capable of providing it at a certain cost and the solution is to rely on the ...
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Dynamic recontracting processes with multiple indivisible goods
... The set of recurrent classes of the dynamic recontracting process is non-empty and contains all sets of allocations that cannot be blocked by any allocation outside the respective recurr[r] ...
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Dynamic Recontracting processes with Multiple Indivisible Goods
... Hence, the limit invariant distribution is a probability distribution over final allocations that combines a core-like stability concept (each stochastically stable allocation is an elem[r] ...
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Overdemand and underdemand in economies with indivisible goods and unit demand
... of goods is obtained by counting the number of exclusive demanders of these goods in the notion of sets of overdemanded goods and by counting the number of demanders of these goods in the ...
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Manipulation via endowments in exchange markets with indivisible goods
... 1 Introduction We consider exchange markets with heterogeneous indivisible objects where each agent is endowed with a set of objects. As an example, one may think of markets where people trade collectibles, for ...
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Overdemand and Underdemand in Economies with Indivisible Goods and Unit Demands
... implications of such a classification, including how the space of Walrasian equilibrium price vectors looks in marginal economies and how it forms the underlying basis of iterative auction design. A generalization of our ...
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Efficiency, Sequenceability and Deal-Optimality in Fair Division of Indivisible Goods
... ABSTRACT In fair division of indivisible goods, using sequences of sincere choices (or picking sequences) is a natural way to allocate the ob- jects. The idea is as follows: at each stage, a designated ...
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Top Trading with Fixed Tie-Breaking in Markets with Indivisible Goods
... Abstract We study markets with indivisible goods where monetary compensations are not possible. Each individual is endowed with an object and a preference relation over all objects. When preferences are ...
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