Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072911 | Games and Economic Behavior | 2008 | 15 Pages |
Abstract
I consider the problem of assigning indivisible objects to agents, in which each agent pays a price for his object and all prices sum to a given constant. The objective is to select an assignment-price pair that is envy-free with respect to the agents' true preferences. I propose a simple mechanism whereby agents announce valuations for all objects and an envy-free allocation is selected with respect to these announced preferences. I prove that the proposed mechanism implements both in Nash and strong Nash equilibrium the set of true envy-free allocations.
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Authors
Helmuts Äzacis,