Pairwise efficiency and monotonicity imply Pareto efficiency in (probabilistic) object allocation

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Hauptverfasser: Demeulemeester, Tom, Klaus, Bettina
Format: Preprint
Veröffentlicht: 2025
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author Demeulemeester, Tom
Klaus, Bettina
author_facet Demeulemeester, Tom
Klaus, Bettina
contents We consider object allocation problems with capacities (see, e.g., Abdulkadiroglu and Sonmez, 1998; Basteck, 2025) where objects have to be assigned to agents. We show that if a lottery rule satisfies ex-post non-wastefulness and probabilistic (Maskin) monotonicity, then ex-post pairwise efficiency is equivalent to ex-post Pareto efficiency. This result allows for a strengthening of various existing characterization results, both for lottery rules and deterministic rules, by replacing (ex-post) Pareto efficiency with (ex-post) pairwise efficiency, e.g., for characterizations of the Random Serial Dictatorship rule (Basteck, 2025), Trading Cycles rules (Pycia and Unver, 2017), and Hierarchical Exchange rules (Papai, 2000).
format Preprint
id arxiv_https___arxiv_org_abs_2508_05340
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Pairwise efficiency and monotonicity imply Pareto efficiency in (probabilistic) object allocation
Demeulemeester, Tom
Klaus, Bettina
Theoretical Economics
Computer Science and Game Theory
We consider object allocation problems with capacities (see, e.g., Abdulkadiroglu and Sonmez, 1998; Basteck, 2025) where objects have to be assigned to agents. We show that if a lottery rule satisfies ex-post non-wastefulness and probabilistic (Maskin) monotonicity, then ex-post pairwise efficiency is equivalent to ex-post Pareto efficiency. This result allows for a strengthening of various existing characterization results, both for lottery rules and deterministic rules, by replacing (ex-post) Pareto efficiency with (ex-post) pairwise efficiency, e.g., for characterizations of the Random Serial Dictatorship rule (Basteck, 2025), Trading Cycles rules (Pycia and Unver, 2017), and Hierarchical Exchange rules (Papai, 2000).
title Pairwise efficiency and monotonicity imply Pareto efficiency in (probabilistic) object allocation
topic Theoretical Economics
Computer Science and Game Theory
url https://arxiv.org/abs/2508.05340