Publication Type

Working Paper

Version

publishedVersion

Publication Date

4-2021

Abstract

A common practice in dealing with the allocation of indivisible objects is to treat them as infinitely divisible and specify a fractional allocation, which is then implemented as a lottery on integer allocations that are feasible. The question we study is whether an arbitrary fractional allocation can be decomposed as a lottery on an arbitrary set of feasible integer allocations. The main result is a characterization of decomposable fractional allocations, that is obtained by transforming the decomposability problem into a maximum flow problem. We also provide a separate necessary condition for decomposability.

Keywords

Indivisibility, fractional allocation, decomposability, maximum flow

Discipline

Economic Theory

Research Areas

Economic Theory

First Page

1

Last Page

20

Publisher

SMU Economics and Statistics Working Paper Series, Paper No. 03-2021

City or Country

Singapore

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