Implementing Efficient and Egalitarian Equivalent Allocations
type: Distribution
access URL: https://shs.hal.science/halshs-00670996
format: HTML
issued: 2026-05-28T08:45:46.098308
modified: 2026-05-28T08:45:46.057002

test_moissonnage_selune
type: Agent

Implementing Efficient and Egalitarian Equivalent Allocations
type: Dataset
contact point: Organization
  fn: CCSD
keyword: cycle
keyword: location-theory
keyword: single-pea
keyword: population-monotonicity
keyword: efficiency
keyword: journal-articles
keyword: replacement-domination
keyword: infoeu-reposemanticsarticle
landing page: 0012-9682
description: This paper proposes a procedure for implementing efficient egalitarian equivalent allocations in an exchange economy, using the perfect equilibrium concept. This procedure is an extension of the "divide and choose" method in two ways: it is defined for more than two agents and the divider's advantage is removed by auctioning the role of divider among the agents (as in Crawford [1]).Thus, in contrast with other equilibrium concepts (Nash, dominant), the perfect one solves the efficiency-justice dilemma.
issued: 2026-05-28T08:45:46.073249
language: en
modified: 2026-05-28T08:45:46.073254