RT Journal Article
SR 00
ID 10.1016/j.econlet.2015.05.007
A1 He, Yinghua
A1 Li, Sanxi
A1 Yan, Jianye
T1 Evaluating Assignment without Transfers: A Market Perspective
JF Economics Letters
YR 2015
FD 2015
VO vol. 133
SP 40
OP 44
K1 Allocation without transfers
K1 competitive equilibrium
K1 equal incomes
K1 market perspective
K1 envy-free
K1 Pareto efficient
K1 coalitional-envy-free
AB 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.
PB Elsevier
SN 0165-1765
LK https://publications.ut-capitole.fr/id/eprint/18419/
UL http://tse-fr.eu/pub/29515