Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957455 | Journal of Economic Theory | 2008 | 17 Pages |
Abstract
In the assignment problem of indivisible objects with money, we study social ordering functions which satisfy the requirement that social orderings should be independent of changes in preferences over infeasible bundles. We combine this axiom with efficiency, consistency and equity axioms. Our result is that the only social ordering function satisfying those axioms is the leximin function in money utility.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
François Maniquet,