Abstract
We consider the classic cake-division problem when the cake is a heterogeneous good represented by an interval in the real line. We provide a mechanism to implement, in an anonymous way, an envy-free and efficient allocation when agents have private information on their preferences. The mechanism is a multi-step sequential game form in which each agent at each step receives a morsel of the cake that is the intersection of what she asks for herself and what the other agent concedes to her. © 2008 Elsevier Inc. All rights reserved.
| Original language | English |
|---|---|
| Pages (from-to) | 268-289 |
| Number of pages | 21 |
| Journal | Games and Economic Behavior |
| Volume | 64 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Sept 2008 |