He, Yinghua, Li, Sanxi and Yan, Jianye (2015) Evaluating Assignment without Transfers: A Market Perspective. Economics Letters, vol. 133. pp. 40-44.

This is the latest version of this item.

[thumbnail of He_18419.pdf]
Preview
Text
Download (457kB) | Preview
Identification Number : 10.1016/j.econlet.2015.05.007

Abstract

All (random) assignments/allocations without transfers can be considered as market outcomes with personalized prices and an equal income. Prices proportional across agents imply efficiency; common prices lead to efficiency and envy-freeness. This market perspective also reveals a weakness of envy-freeness.

Item Type: Article
Language: English
Date: 2015
Refereed: Yes
Uncontrolled Keywords: Allocation without transfers, competitive equilibrium, equal incomes, market perspective, envy-free, Pareto efficient, coalitional-envy-free
JEL Classification: C78 - Bargaining Theory; Matching Theory
D61 - Allocative Efficiency; Cost-Benefit Analysis
D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 21 Sep 2015 13:08
Last Modified: 27 Oct 2021 13:36
OAI Identifier: oai:tse-fr.eu:29515
URI: https://publications.ut-capitole.fr/id/eprint/18419

Available Versions of this Item

View Item

Downloads

Downloads per month over past year