Abstract
We study efficient and individually rational exchange rules for markets with heterogeneous indivisible goods that exclude the possibility that an agent benefits by bundling goods in her endowment. Even if agents' preferences are additive, no such rule exists.
Original language | English |
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Pages (from-to) | 106-110 |
Journal | Economics Letters |
Volume | 93 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 2006 |