An iterative allocation mechanism in the edgeworth box Anbarci, Nejat and Yi, Gyoseob 1998, An iterative allocation mechanism in the edgeworth box, International advances in economic research, vol. 4, no. 3, pp. 253-258, doi: 10.1007/BF02294894. Attached Files Name Description MIMEType Size Downloads Title An iterative allocation mechanism in the edgeworth box Author(s) Anbarci, Nejat Yi, Gyoseob Journal name International advances in economic research Volume number 4 Issue number 3 Start page 253 End page 258 Total pages 6 p. Publisher Springer New York LLC Place of publication New York, N.Y. Publication date 1998-08 ISSN 1083-0898 1573-966X Summary This paper considers an iterative allocation mechanism which resolves the problem of multiplicity of allocations given by a mechanism in commodity space. At each stage, the average of the extreme allocations is taken and used as the starting point of the next stage. As long as the mechanism is individually rational and Pareto optimal, this iterative procedure yields a unique final allocation which is also individually rational and Pareto optimal. (JEL C63, C71) Language eng DOI 10.1007/BF02294894 Field of Research 140302 Econometric and Statistical Methods Socio Economic Objective 970114 Expanding Knowledge in Economics HERDC Research category C1.1 Refereed article in a scholarly journal Copyright notice ©1998, Springer Persistent URL http://hdl.handle.net/10536/DRO/DU:30024643 Document type: Journal Article Collection: School of Accounting, Economics and Finance Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Tue, 02 Mar 2010, 11:29:02 EST Fri, 23 Apr 2010, 16:35:00 EST Fri, 30 Apr 2010, 08:35:26 EST Mon, 03 May 2010, 17:42:55 EST Thu, 15 Aug 2013, 09:46:47 EST Thu, 15 Aug 2013, 09:47:49 EST Filtered Full Citation counts:   Cited 0 times in TR Web of Science Cited 0 times in Scopus Search Google Scholar Access Statistics: 446 Abstract Views, 0 File Downloads  -  Detailed Statistics Created: Tue, 02 Mar 2010, 11:29:02 EST

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