Intertemporal Allocation of Indivisible and Durable Goods
(2013) NEKP01 20131Department of Economics
- Abstract
- This paper presents a futures mechanism, as defined by Kurino (2009), allocating a set of indivisible and durable goods among a set of agents over multiple time
periods. The mechanism is shown to satisfy individual rationality, Pareto efficiency and non-bossiness for allocation problems with or without endowments. The paper
also shows that the mechanism does not satisfy strategy-proofness and presents the conditions under which the mechanism is manipulable.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/3810873
- author
- Kratz, Jörgen LU
- supervisor
- organization
- course
- NEKP01 20131
- year
- 2013
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- intertemporal allocation, futures mechanism, endowments
- language
- English
- id
- 3810873
- date added to LUP
- 2013-07-01 10:39:34
- date last changed
- 2013-07-01 10:39:34
@misc{3810873, abstract = {{This paper presents a futures mechanism, as defined by Kurino (2009), allocating a set of indivisible and durable goods among a set of agents over multiple time periods. The mechanism is shown to satisfy individual rationality, Pareto efficiency and non-bossiness for allocation problems with or without endowments. The paper also shows that the mechanism does not satisfy strategy-proofness and presents the conditions under which the mechanism is manipulable.}}, author = {{Kratz, Jörgen}}, language = {{eng}}, note = {{Student Paper}}, title = {{Intertemporal Allocation of Indivisible and Durable Goods}}, year = {{2013}}, }