Do Irrelevant Commodities Matter?

DOI10.1111/J.1468-0262.2007.00784.XMaRDI QIDQ5441273zbMATH OpenOpenAlexFDO

Authors Marc Fleurbaey, Koichi Tadenuma

Publication date 11 February 2008

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1468-0262.2007.00784.x

zbMATH Keywords

characteristicsconsumer preferencesfunctioningsindependence of irrelevant alternativessocial choice

Mathematics Subject Classification ID

Individual preferences (91B08) Social choice (91B14)

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(4)

• What is a commodity? Two axiomatic answers
• Subjective evaluation of semantically unlike objects during exchange transactions
• Object allocation via deferred-acceptance: strategy-proofness and comparative statics
• No profitable decompositions in quasi-linear allocation problems

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