TY - JOUR
T1 - Strategy-proof Assignment of Multiple Resources
AU - Erlanson, Albin
AU - Flores-Szwagrzak, Karol
PY - 2015/9/1
Y1 - 2015/9/1
N2 - 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.
AB - 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.
KW - Consistency
KW - Resource-monotonicity
KW - Strategy-proofness
KW - Strategy-proofness
KW - Consistency
KW - Resource-monotonicity
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=954921348267&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes
U2 - 10.1016/j.jet.2015.05.016
DO - 10.1016/j.jet.2015.05.016
M3 - Journal article
AN - SCOPUS:84930620000
VL - 159
SP - 137
EP - 162
JO - Journal of Economic Theory
JF - Journal of Economic Theory
SN - 0022-0531
IS - PART A
ER -