Fairness under uncertainty with indivisibilities
Contribuinte(s) |
Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica Institut d'Anàlisi Econòmica |
---|---|
Data(s) |
09/05/2006
|
Resumo |
I analyze an economy with uncertainty in which a set of indivisible objects and a certain amount of money is to be distributed among agents. The set of intertemporally fair social choice functions based on envy-freeness and Pareto efficiency is characterized. I give a necessary and sufficient condition for its non-emptiness and propose a mechanism that implements the set of intertemporally fair allocations in Bayes-Nash equilibrium. Implementation at the ex ante stage is considered, too. I also generalize the existence result obtained with envy-freeness using a broader fairness concept, introducing the aspiration function. |
Formato |
30 344629 bytes application/pdf |
Identificador | |
Idioma(s) |
eng |
Relação |
Working papers; 613.04 |
Direitos |
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat, la unitat i l’institut i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/) |
Palavras-Chave | #Incertesa |
Tipo |
info:eu-repo/semantics/workingPaper |