Article ID Journal Published Year Pages File Type
956837 Journal of Economic Theory 2015 26 Pages PDF
Abstract
We examine the strategy-proof allocation of multiple resources; an application is the assignment of packages of tasks, workloads, and compensations among the members of an organization. In the domain of multidimensional single-peaked preferences, we find that any allocation mechanism obtained by maximizing a separably concave function over a polyhedral extension of the set of Pareto-efficient allocations is strategy-proof. Moreover, these are the only strategy-proof, unanimous, consistent, and resource-monotonic mechanisms. These mechanisms generalize the parametric rationing mechanisms (Young, 1987), some of which date back to the Babylonian Talmud.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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