Implementation of individually rational social choice functions with guaranteed utilities |
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| Authors: | Yosef Mealem |
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| Institution: | The School of Banking & Finance, Netanya Academic College, 1 University St., Kiryat Yitzhak Rabin, Netanya, 42365, Israel |
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| Abstract: | A simple mechanism is presented that allocates an indivisible object between two agents for almost any possible compensation rule. Furthermore, the equilibrium strategy guarantees a level of utility not less than −ε, where ε can be arbitrarily small. |
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| Keywords: | D63 D71 D74 D78 |
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