Maximal manipulation of envy-free solutions in economies with indivisible goods and money

A-Tier
Journal: Journal of Economic Theory
Year: 2015
Volume: 158
Issue: PA
Pages: 165-185

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 consider the problem of the fair allocation of indivisible goods and money with non-quasi-linear preferences. The purpose of the present study is to examine strategic manipulation under envy-free solutions. We show that under a certain domain-richness condition, each individual obtains the welfare level of his “optimal” envy-free allocation by maximally manipulating the solutions. This maximal manipulation theorem is helpful in analyzing the set of Nash equilibrium allocations in the direct revelation games associated with a given envy-free solution: if an envy-free solution satisfies a mild condition, the set of Nash equilibrium allocations in its associated direct revelation game coincides with that of envy-free allocations.

Technical Details

RePEc Handle
repec:eee:jetheo:v:158:y:2015:i:pa:p:165-185
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25