Abstract
I argue that envy-freeness can obstruct fairness in the random assignment problem and I propose a new fairness criterion called even-handedness. Loosely speaking, a random assignment that maximises the position of the least advantaged agent is even-handed. Rules of random assignment that are stochastic-dominance efficient cannot be both even-handed and envy-free for groups of four or more. I define new rules called positive equality, prudent equality and balanced equality that are even-handed and stochastic-dominance efficient. The positive equality rule is envy-free for groups of three and average-envy-free for groups of any size. I present a general method of extending rules from the domain of strict preference to that of weak preference. That method is applicable to the equality rules, the serial rule and others. I also define a network flow algorithm for the positive equality rule.
| Original language | English |
|---|---|
| Pages (from-to) | 321-354 |
| Number of pages | 34 |
| Journal | Economic Theory |
| Volume | 80 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Aug 2025 |
Keywords
- Assignment
- Egalitarian
- Envy
- Maximin
- Serial
Fingerprint
Dive into the research topics of 'Egalitarian random assignment'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver