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Intertemporal Allocation of Indivisible and Durable Goods

Kratz, Jörgen LU (2013) NEKP01 20131
Department 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.
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author
Kratz, Jörgen LU
supervisor
organization
course
NEKP01 20131
year
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},
  keyword      = {intertemporal allocation,futures mechanism,endowments},
  language     = {eng},
  note         = {Student Paper},
  title        = {Intertemporal Allocation of Indivisible and Durable Goods},
  year         = {2013},
}