Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062709 | Economics Letters | 2006 | 5 Pages |
Abstract
We study efficient and individually rational exchange rules for markets with heterogeneous indivisible goods that exclude the possibility that an agent benefits by bundling goods in her endowment. Even if agents' preferences are additive, no such rule exists.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Bettina Klaus, Dinko Dimitrov, Claus-Jochen Haake,