Nash-Implementation of the No-Envy Solution on Symmetric Domains of Economies
Nash-Implementation of the No-Envy Solution on Symmetric Domains of Economies
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经济对称域上无嫉妒解的纳什实现
DOI:
10.2139/ssrn.2637965
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发表时间:
2016
期刊:
影响因子:
--
通讯作者:
Battal Doğan
中科院分区:
文献类型:
--
作者:
Battal Doğan
We show that a simple game form, which resembles the “Divide-and-Choose” procedure, Nash-implements the no-envy solution on domains of economies where the set of feasible allocations is symmetric (an allocation obtained from a feasible allocation by interchanging the bundles of any two agents is also feasible) and preferences are complete (each agent can compare any two bundles). Our result extends a result by Thomson (2005) and it is applicable to a wide class of models including the classical model of fair allocation, the unidimensional single-peaked model, cake division model, and allocation of indivisible objects with monetary transfers. We show that, even when the preferences exhibit consumption externalities, an extension of the no-envy solution is Nash-implementable on general domains of economies.