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ralph lauren polo

Satoshi Nakada
''Envy-free allocation of indivisible goods with money and externalities''
( 2018, Vol. 38 No.1 )
This paper considers an envy-free allocation of a single indivisible good in the quasi-linear utility environment where a monetary transfer is allowed and externalities among agents exist. We show that an envy-free allocation does not exist if a degree of the externalities is high enough and there are two groups of agents: one group of agents can but the other group of agents cannot enjoy externalities. We also show that both efficient allocations and envy-free allocations are generally incompatible whereas they are always compatible without externalities.
Keywords: envy-free allocation, indivisible goods, network, externality
JEL: D6 - Welfare Economics: General
Manuscript Received : Apr 07 2017 Manuscript Accepted : Jan 21 2018

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