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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...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer Berlin Heidelberg
2021
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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] . |
format | Online Article Text |
id | pubmed-8550163 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2021 |
publisher | Springer Berlin Heidelberg |
record_format | MEDLINE/PubMed |
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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