OBVIOUSLY STRATEGY‐PROOF IMPLEMENTATION OF ASSIGNMENT RULES: A NEW CHARACTERIZATION.

We consider assignment problems where individuals are to be assigned at most one indivisible object and monetary transfers are not allowed. We provide a characterization of assignment rules that are Pareto efficient, nonbossy, and implementable in obviously strategy‐proof (OSP) mechanisms. As coroll...

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Detalles Bibliográficos
Publicado en:International Economic Review Vol. 63; no. 1; pp. 261 - 291
Autores principales: Mandal, Pinaki, Roy, Souvik
Formato: Artículo
Publicado: Wiley-Blackwell Feb2022
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:We consider assignment problems where individuals are to be assigned at most one indivisible object and monetary transfers are not allowed. We provide a characterization of assignment rules that are Pareto efficient, nonbossy, and implementable in obviously strategy‐proof (OSP) mechanisms. As corollaries of our result, we obtain a characterization of OSP‐implementable fixed priority top trading cycles (FPTTC) rules, hierarchical exchange rules, and trading cycles rules. Troyan (International Economic Review 60 (2019), 1249–61) provides a characterization of OSP‐implementable FPTTC rules when there are equal number of individuals and objects. Our result generalizes this for arbitrary values of those.