Resource-envy-free and efficient allocations: a new solution for production economies with dedicated factors

DOI10.1016/J.JMATECO.2020.03.009MaRDI QIDQ776960zbMATH OpenOpenAlexFDO

Authors Laurence Kranich

Publication date 13 July 2020

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2020.03.009

zbMATH Keywords

fairnessefficiencyenvy-freeequityproductionresource-envy-free

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Production theory, theory of the firm (91B38)

Recommendations

• Fair allocations in large economies with unequal production skills
• The equity-efficiency trade-off reconsidered
• Envy-free and Pareto efficient allocations in economies with indivisible goods and money
• On the nonexistence of envy-free and egalitarian-equivalent allocations in economies with indivisibilities
• Implementability and equity in production economies with unequal skills

Cites work

• scientific article; zbMATH DE number 3186512 (Why is no real title available?)
• A Characterization of Pareto Surfaces
• Fair Net Trades
• Handbook of social choice and welfare. Vol. 2
• Intergenerational egalitarianism
• Other-regarding preferences in general equilibrium

Cited in

(2)

• Allocation of limited resources under quadratic constraints
• Implementability and equity in production economies with unequal skills

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