A Characterization of the Uniform Rule With Several Commodities and Agents

ISER Discussion Paper No. 769

32 Pages Posted: 4 Feb 2010

See all articles by Shuhei Morimoto

Shuhei Morimoto

Osaka University - Institute of Social and Economic Research (ISER)

Shigehiro Serizawa

Osaka University - Institute of Social and Economic Research (ISER)

Stephen Ching

School of Economics and Finance, The University of Hong Kong

Date Written: February 3, 2010

Abstract

We consider the problem of allocating infinitely divisible commodities among a group of agents. Especially, we focus on the case where there are several commodities to be allocated, and agents have continuous, strictly convex, and separable preferences. In this paper, we establish that the uniform rule is the only rule satisfying strategy-proofness, unanimity, symmetry, and nonbussiness.

Keywords: strategy-proofness, several infinitely divisible commodities, uniform rule, separable preferences

JEL Classification: C72, D71

Suggested Citation

Morimoto, Shuhei and Serizawa, Shigehiro and Ching, Stephen, A Characterization of the Uniform Rule With Several Commodities and Agents (February 3, 2010). ISER Discussion Paper No. 769, Available at SSRN: https://ssrn.com/abstract=1547465 or http://dx.doi.org/10.2139/ssrn.1547465

Shuhei Morimoto (Contact Author)

Osaka University - Institute of Social and Economic Research (ISER) ( email )

6-1, Mihogaoka
Ibaraki, Osaka, 567-0047
Japan

Shigehiro Serizawa

Osaka University - Institute of Social and Economic Research (ISER) ( email )

6-1 Mihogaoka
Ibaraki, Osaka 567-0047
Japan
+81 6 6879 8558 (Phone)
+81 6 6878 2766 (Fax)

Stephen Ching

School of Economics and Finance, The University of Hong Kong ( email )

Pokfulam Road
Hong Kong

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