Abstract
We consider multi-item exchange markets in which agents want to receive one of their target bundles of resources. The model encompasses well-studied markets for kidney exchange, lung exchange, and multi-organ exchange. We identify a general and sufficient condition called weak consistency for the exchange mechanisms to be strategyproof even if we impose any kind of distributional, diversity, or exchange cycle constraints. Within the class of weakly consistent and strategyproof mechanisms, we highlight two important ones that satisfy constrained Pareto optimality and strong individual rationality. Several results in the literature follow from our insights. We also derive impossibility results when constrained Pareto optimality is defined with respect to more permissive individual rationality requirements.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
