Bundling in exchange markets with indivisible goods. (English) Zbl 1254.91231
Summary: We study efficient and individually rational exchange rules for markets with heterogeneous indivisible goods that exclude the possibility that an agent benefits by bundling goods in her endowment. Even if agents’ preferences are additive, no such rule exists.
MSC:
| 91B26 | Auctions, bargaining, bidding and selling, and other market models |
| 91B14 | Social choice |
| 91A12 | Cooperative games |
References:
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