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来源类型Working Paper
规范类型报告
DOI10.3386/w29208
来源IDWorking Paper 29208
Who Cares More? Allocation with Diverse Preference Intensities
Pietro Ortoleva; Evgenii Safonov; Leeat Yariv
发表日期2021-09-06
出版年2021
语种英语
摘要Goods and services---public housing, medical appointments, schools---are often allocated to individuals who rank them similarly but differ in their preference intensities. We characterize optimal allocation rules when individual preferences are known and when they are not. Several insights emerge. First-best allocations may involve assigning some agents "lotteries" between high- and low-ranked goods. When preference intensities are private information, second-best allocations always involve such lotteries and, crucially, may coincide with first-best allocations. Furthermore, second-best allocations may entail disposal of services. We discuss a market-based alternative and show how it differs.
主题Microeconomics ; Game Theory ; Market Structure and Distribution
URLhttps://www.nber.org/papers/w29208
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586881
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Pietro Ortoleva,Evgenii Safonov,Leeat Yariv. Who Cares More? Allocation with Diverse Preference Intensities. 2021.
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