Munich Personal RePEc Archive

Allocation by coercion

Quesada, Antonio (2009): Allocation by coercion.

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Abstract

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.

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