An étude in modeling the definability of equilibrium
Date
2021-10-03
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Source Title
Review of Economic Design
Print ISSN
1434-4742
Electronic ISSN
1434-4750
Publisher
Springer Nature
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Pages
1 - 10
Language
English
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Abstract
We analyse the object assignment model enriched with a set of orderings over the set of agents. These orderings provide potential criteria for determining the suitability of agents to be assigned to an object. A candidate for a definable equilibrium is an assignment of the agents to the objects and an attachment of a single criterion to each object. In equilibrium, each agent is better-suited to his assigned object than any agent who envies him, according to the criterion attached to that object. We analyze the equilibrium notion and provide some examples.