Kıbrıs, Özgür and Tapkı, İpek Gürsel (2011) Production economies with single peaked preferences: pareto optimal and strategy proof rules. [Working Paper / Technical Report] Sabanci University ID:SU_FASS_2011/0004
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Abstract
We analyze production economies with a linear technology and single peaked preferences. We fi�rst characterize the class of Pareto optimal (allocation) rules. We then characterize the subclass that additionally satis�fies strategy proofness. Finally, we show that a uniform production rule uniquely satisfi�es Pareto optimality, strategy proofness, and equal treatment of equals. A similar result is obtained if equal treatment of equals is replaced with stronger fairness properties such as no-envy or anonymity. Our results can be applied to the problem of allocating central government funds among regional development agencies.
Item Type: | Working Paper / Technical Report |
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Uncontrolled Keywords: | production, single peakedness, Pareto optimality, strategy proofness, equal treatment of equals, no envy, regional development agencies |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Arts and Social Sciences > Academic programs > Economics Faculty of Arts and Social Sciences |
Depositing User: | Özgür Kıbrıs |
Date Deposited: | 30 Sep 2011 09:54 |
Last Modified: | 26 Apr 2022 10:49 |
URI: | https://research.sabanciuniv.edu/id/eprint/17025 |