Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/197133
Authors: 
Momi, Takeshi
Year of Publication: 
2017
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 12 [Year:] 2017 [Issue:] 3 [Pages:] 1267-1306
Abstract: 
In this paper, we show that in pure exchange economies where the number of goods equals or exceeds the number of agents, any Pareto-efficient and strategy-proof allocation mechanism always allocates the total endowment to some single agent even if the receivers vary.
Subjects: 
Social choice
strategy-proofness
Pareto efficiency
exchange economy
JEL: 
D71
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/4.0/
Document Type: 
Article

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