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Serial dictatorship mechanisms with reservation prices: heterogeneous objects

We adapt a set of mechanisms introduced by Klaus and Nichifor (Econ Theory 70:665–684, 2020), serial dictatorship mechanisms with (individual) reservation prices, to the allocation of heterogeneous indivisible objects, e.g., specialist clinic appointments. We show how the characterization of serial...

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Autores principales: Klaus, Bettina, Nichifor, Alexandru
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8550163/
https://www.ncbi.nlm.nih.gov/pubmed/34720286
http://dx.doi.org/10.1007/s00355-020-01303-w
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author Klaus, Bettina
Nichifor, Alexandru
author_facet Klaus, Bettina
Nichifor, Alexandru
author_sort Klaus, Bettina
collection PubMed
description We adapt a set of mechanisms introduced by Klaus and Nichifor (Econ Theory 70:665–684, 2020), serial dictatorship mechanisms with (individual) reservation prices, to the allocation of heterogeneous indivisible objects, e.g., specialist clinic appointments. We show how the characterization of serial dictatorship mechanisms with reservation prices for homogeneous indivisible objects (Klaus and Nichifor 2020, Theorem 1) can be adapted to the allocation of heterogeneous indivisible objects by adding neutrality: mechanism [Formula: see text] satisfies minimal tradability, individual rationality, strategy-proofness, consistency, independence of unallocated objects, neutrality, and non wasteful tie-breaking if and only if there exists a reservation price vector r and a priority ordering [Formula: see text] such that [Formula: see text] is a serial dictatorship mechanism with reservation prices based on r and [Formula: see text] .
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spelling pubmed-85501632021-10-29 Serial dictatorship mechanisms with reservation prices: heterogeneous objects Klaus, Bettina Nichifor, Alexandru Soc Choice Welfare Original Paper We adapt a set of mechanisms introduced by Klaus and Nichifor (Econ Theory 70:665–684, 2020), serial dictatorship mechanisms with (individual) reservation prices, to the allocation of heterogeneous indivisible objects, e.g., specialist clinic appointments. We show how the characterization of serial dictatorship mechanisms with reservation prices for homogeneous indivisible objects (Klaus and Nichifor 2020, Theorem 1) can be adapted to the allocation of heterogeneous indivisible objects by adding neutrality: mechanism [Formula: see text] satisfies minimal tradability, individual rationality, strategy-proofness, consistency, independence of unallocated objects, neutrality, and non wasteful tie-breaking if and only if there exists a reservation price vector r and a priority ordering [Formula: see text] such that [Formula: see text] is a serial dictatorship mechanism with reservation prices based on r and [Formula: see text] . Springer Berlin Heidelberg 2021-02-13 2021 /pmc/articles/PMC8550163/ /pubmed/34720286 http://dx.doi.org/10.1007/s00355-020-01303-w Text en © The Author(s) 2021 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Original Paper
Klaus, Bettina
Nichifor, Alexandru
Serial dictatorship mechanisms with reservation prices: heterogeneous objects
title Serial dictatorship mechanisms with reservation prices: heterogeneous objects
title_full Serial dictatorship mechanisms with reservation prices: heterogeneous objects
title_fullStr Serial dictatorship mechanisms with reservation prices: heterogeneous objects
title_full_unstemmed Serial dictatorship mechanisms with reservation prices: heterogeneous objects
title_short Serial dictatorship mechanisms with reservation prices: heterogeneous objects
title_sort serial dictatorship mechanisms with reservation prices: heterogeneous objects
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8550163/
https://www.ncbi.nlm.nih.gov/pubmed/34720286
http://dx.doi.org/10.1007/s00355-020-01303-w
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