Fairness under uncertainty with indivisibilities


Autoria(s): Ferenc, Veszteg Róbert
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

http://hdl.handle.net/2072/1835

Idioma(s)

eng

Relação

Working papers; 613.04

Direitos

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Palavras-Chave #Incertesa
Tipo

info:eu-repo/semantics/workingPaper