Article ID Journal Published Year Pages File Type
972794 Mathematical Social Sciences 2009 9 Pages PDF
Abstract

We consider random assignment of multiple indivisible objects. When each agent receives one object, [Bogomolnaia, A., Moulin, H., 2001. A new solution to the random assignment problem. Journal of Economic Theory 100, 295–328] show that the probabilistic serial mechanism is ordinally efficient, envy-free and weakly strategy-proof. When each agent receives more than one object, we propose a generalized probabilistic serial mechanism that is ordinally efficient and envy-free but not weakly strategy-proof. Our main result shows that, if each agent receives more than one object, there exists no mechanism that is ordinally efficient, envy-free and weakly strategy-proof.

Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
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