温莎家族银器的公平高效分配

The Fair and Efficient Division of the Winsor Family Silver

Management Science · 1990
被引 36
人大 A+FT50UTD24ABS 4*

中文导读

讲述了一个真实案例:通过去中心化的正式分配程序,在八名孙辈之间公平高效地分配银器传家宝,避免了直接货币支付,并利用冯·诺依曼-摩根斯坦效用函数和第二价格拍卖机制实现市场出清。

Abstract

This is the true story of the actual use of a formal, decentralized division procedure to allocate silver heirlooms among eight grandchildren fairly and efficiently without distasteful direct monetary payments. Each grandchild's stated preferences for objects in contention were roughly represented by a von Neumann-Morgenstern utility function. Allocations were made as they would be in a market for probability shares in the objects, assuming each grandchild had a fixed amount of an artificial currency and made optimal purchases. The market-clearing equilibrium prices were chosen as in a second-price auction to reward honest reporting. Although the procedure was decentralized and most participants did not fully understand it or the preference information desired, it handled all major considerations well and was regarded as equitable.

遗产分配公平分配市场机制偏好揭示