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Suppose there are 3 agents i e(1, 2, 3) with preferences over 3 objects j e{a,b,c} as follows:1:cba2:bca 3:bac Consider
Posted: Thu Feb 17, 2022 10:58 am
by answerhappygod
- Suppose There Are 3 Agents I E 1 2 3 With Preferences Over 3 Objects J E A B C As Follows 1 Cba2 Bca 3 Bac Consider 1 (19.67 KiB) Viewed 63 times
Suppose there are 3 agents i e(1, 2, 3) with preferences over 3 objects j e{a,b,c} as follows:1:cba2:bca 3:bac Consider the random allocation given by the following probability shares: Agent Good a b c10.50 0.52 0.25 0.5 0.25 3 0.25 0.5 0.25 Is this allocation ordinally efficient? Is it ex-ante weakly envy-free? Be sure to explain how you arrived at your answer.