On budget balance of the dynamic pivot mechanism
نویسندگان
چکیده
منابع مشابه
On budget balance of the dynamic pivot mechanism
We modify the dynamic pivot mechanism of Bergemann and Välimäki (Econometrica, 2010) in such a way that lump-sum fees are collected from the players. We show that the modified mechanism satisfies ex-ante budget balance as well as ex-post efficiency, periodic ex-post incentive compatibility, and periodic ex-post individual rationality, as long as the Markov chain representing the evolution of pl...
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We consider truthful implementation of the socially efficient allocation in an independent private-value environment in which agents receive private information over time. We propose a suitable generalization of the pivot mechanism, based on the marginal contribution of each agent. In the dynamic pivot mechanism, the ex post incentive and ex post participation constraints are satisfied for all ...
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Article submitted to Operations Research; manuscript no. OPRE-2012-02-064 1 Optimal Dynamic Mechanism Design and the Virtual Pivot Mechanism Sham Kakade Ilan Lobel Hamid Nazerzadeh Microsoft Research, New York University and University of Southern California [email protected], [email protected], [email protected] Appendix Appendix A: Proofs for Section 3 Lemma A.1 For any reportin...
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Background and Purpose: Visual disturbance causes problems in the orientation, balance, and movement of individuals. It is especially important in children because this is a golden age for adoring physical exercises and physical function in these people. Therefore, this study aimed to evaluate the effect of 6 weeks of balance training on the static and dynamic balance of blind students. Materi...
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قاعده مقتضی و مانع در متون فقهی کم و بیش مستند احکام قرار گرفته و مورد مناقشه فقهاء و اصولیین می باشد و مشهور معتقند مقتضی و مانع، قاعده نیست بلکه یکی از مسائل ذیل استصحاب است لذا نگارنده بر آن شد تا پیرامون این قاعده پژوهش جامعی انجام دهد. به عقیده ما مقتضی دارای حیثیت مستقلی است و هر گاه می گوییم مقتضی احراز شد یعنی با ماهیت مستقل خودش محرز گشته و قطعا اقتضاء خود را خواهد داشت مانند نکاح که ...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2015
ISSN: 0899-8256
DOI: 10.1016/j.geb.2015.07.001