Quesada, Antonio (2009): Allocation by coercion.
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The problem of allocating indivisible goods is considered when groups of individuals can make use of their power to plunder other groups. A monarch in a group of individuals is an individual who always obtains one of his most preferred goods. A Paretian condition together with a requirement of robust stability lead to the existence of monarchs in all subsets of individuals, except possibly one.
|Item Type:||MPRA Paper|
|Original Title:||Allocation by coercion|
|Keywords:||Allocation rule; dictator; indivisible good; power; coalition formation.|
|Subjects:||D - Microeconomics > D7 - Analysis of Collective Decision-Making > D71 - Social Choice; Clubs; Committees; Associations
D - Microeconomics > D6 - Welfare Economics > D61 - Allocative Efficiency; Cost-Benefit Analysis
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D85 - Network Formation and Analysis: Theory
|Depositing User:||Antonio Quesada|
|Date Deposited:||19. Dec 2009 11:23|
|Last Modified:||25. Feb 2013 07:06|
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