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Envy-freeness and implementation in large economies

Jackson, Matthew O. and Kremer, Ilan (2007) Envy-freeness and implementation in large economies. Review of Economic Design, 11 (3). pp. 185-198. ISSN 1434-4742. doi:10.1007/s10058-006-0011-2. https://resolver.caltech.edu/CaltechAUTHORS:20171103-163054345

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Abstract

We show that an asymptotic envy-freeness condition is necessary for a form of robust approximate implementation in large economies. In settings where allocations are excludable, asymptotic envy-freeness is also sufficient for implementation, while in non-excludable settings it is not sufficient.


Item Type:Article
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URLURL TypeDescription
https://doi.org/10.1007/s10058-006-0011-2DOIArticle
https://link.springer.com/article/10.1007%2Fs10058-006-0011-2PublisherArticle
http://resolver.caltech.edu/CaltechAUTHORS:20170801-165622147Related ItemWorking Paper
http://rdcu.be/x87XPublisherFree ReadCube access
ORCID:
AuthorORCID
Jackson, Matthew O.0000-0001-9846-4249
Additional Information:© Springer-Verlag 2007. Published online: 10 January 2007. We are grateful for financial support from the National Science Foundation under grants SES-9986190 and SES-0316493. We thank Laurent Mathevet, Andy Postlewaite, Muhamet Yildiz, and an anonymous referee for helpful comments on earlier drafts. We dedicate this paper to Murat Sertel, with fond memories of his engaging personality, warm friendship, and wide-ranging contributions to economic theory. Formerly SSWP 1157.
Funders:
Funding AgencyGrant Number
NSFSES-9986190
NSFSES-0316493
Issue or Number:3
DOI:10.1007/s10058-006-0011-2
Record Number:CaltechAUTHORS:20171103-163054345
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20171103-163054345
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:82966
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:06 Nov 2017 19:34
Last Modified:15 Nov 2021 19:54

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