Sequential mechanism design

نویسندگان

  • Krzysztof R. Apt
  • Arantza Estévez-Fernández
چکیده

In the customary VCG (Vickrey-Clarke-Groves) mechanism truth-telling is a dominant strategy. In this paper we study the sequential VCG mechanism and show that other dominant strategies may then exist. We illustrate how this fact can be used to minimize taxes using examples concerned with Clarke tax and public projects.

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عنوان ژورنال:
  • CoRR

دوره abs/0705.2170  شماره 

صفحات  -

تاریخ انتشار 2007