Efficient allocation of heterogenous commodities with balanced transfers |
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Authors: | Manipushpak Mitra Arunava Sen |
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Institution: | 1. Economic Research Unit, Indian Statistical Institute, Kolkata, India 2. Planning Unit, Indian Statistical Institute, New Delhi, India
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Abstract: | In this article, we characterize heterogenous commodities allocation problems where an efficient rule can be implemented in
dominant strategies with balanced transfers. We show that the class of such problems is non-trivial and that the associated
difference domain is one-dimensional. If the domain satisfies convexity, there exists a permutation of the objects for which
the associated difference domain is a straight line passing through the origin with positive slope. An interesting feature
of the domains is that at most two orderings of the commodities are permissible and, in particular, one ordering must be the
reverse of the other. |
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Keywords: | |
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