Article ID Journal Published Year Pages File Type
5071478 Games and Economic Behavior 2016 8 Pages PDF
Abstract
I prove there exists no assignment mechanism that is strategy-proof, non-wasteful and satisfies equal treatment of equals. When outside options may exist, this strengthens the impossibility result of Bogomolnaia and Moulin (2001) by weakening ordinal efficiency to non-wastefulness. My result solves an open question posed by Erdil (2014) and complements his results on the efficient frontier of random assignment mechanisms.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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