Fair and efficient allocations when preferences are single-dipped

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Abstract

One unit of an infinitely divisible and non-disposable commodity has to be allocated among a group of agents with single-dipped preferences. We combine Pareto optimality with equal treatment of equals, the equal division lower bound, the equal division core, envy-freeness, and group envy-freeness. For each of these fairness requirements, we provide a necessary and sufficient condition for compatibility with Pareto optimality and we characterize all corresponding allocations for each preference profile.
Original languageEnglish
Place of PublicationMaastricht
PublisherMaastricht University, Graduate School of Business and Economics
Number of pages16
DOIs
Publication statusPublished - 19 Jun 2023

Publication series

SeriesGSBE Research Memoranda
Number009
ISSN2666-8807

JEL classifications

  • d63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
  • d71 - "Social Choice; Clubs; Committees; Associations"

Keywords

  • resource allocation
  • single-dipped preferences
  • Pareto optimality
  • fairness

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