Title | ||
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Envy-free and Pareto efficient allocations in economies with indivisible goods and money |
Abstract | ||
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This paper investigates the existence of envy-free and Pareto efficient allocations in economies with finitely many indivisible goods and one divisible good (money). The existence of envy-free allocations is proved under very weak conditions, but the paper contains an example of an economy in which the set of envy-free allocations and the set of Pareto efficient allocations are disjoint. It contains moreover sufficient conditions for an economy in which the existence of an envy-free and Pareto efficient allocation is assured. |
Year | DOI | Venue |
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2002 | 10.1016/S0165-4896(02)00064-1 | Mathematical Social Sciences |
Keywords | DocType | Volume |
Envy-free,Pareto efficient | Journal | 44 |
Issue | ISSN | Citations |
3 | 0165-4896 | 2 |
PageRank | References | Authors |
0.37 | 1 | 3 |
Name | Order | Citations | PageRank |
---|---|---|---|
Marc Meertens | 1 | 7 | 2.51 |
Jos Potters | 2 | 40 | 7.15 |
Hans Reijnierse | 3 | 64 | 10.37 |