Strategy-proof and envy-free random assignment

A-Tier
Journal: Journal of Economic Theory
Year: 2023
Volume: 209
Issue: C

Authors (2)

Basteck, Christian (not in RePEc) Ehlers, Lars (Centre Interuniversitaire de R...)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the random assignment of indivisible objects among a set of agents with strict preferences. We show that there exists no mechanism which is unanimous, strategy-proof and envy-free. Weakening the first requirement to q-unanimity – i.e., when every agent ranks a different object at the top, then each agent shall receive his most-preferred object with probability of at least q – we show that a mechanism satisfying strategy-proofness, envy-freeness and ex-post weak non-wastefulness can be q-unanimous only for q≤2n (where n is the number of agents). To demonstrate that this bound is tight, we introduce a new mechanism, Random-Dictatorship-cum-Equal-Division (RDcED), and show that it achieves this maximal bound when all objects are acceptable. In addition, for three agents, RDcED is characterized by the first three properties and ex-post weak efficiency. If objects may be unacceptable, strategy-proofness and envy-freeness are jointly incompatible even with ex-post weak non-wastefulness.

Technical Details

RePEc Handle
repec:eee:jetheo:v:209:y:2023:i:c:s0022053123000145
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25