Implementation in economies with non-convex production technologies unknown to the designer

Implementation in Economies with Non-Convex Production

This paper deals with the problem of incentive mechanism design in non-convex production economies when production sets and preferences both are unknown to the designer. We consider Nash-implementation of loss-free, average cost, marginal cost, voluntary trading, and quantity-taking pricing equilibrium allocations in economies involving increasing returns to scale or more general types of non-c...

Double implementation in economies with production technologies unknown to the designer

This paper considers double implementation of Walrasian allocations and Lindahl allocations in Nash and strong Nash equilibria for both private and public goods economies when preferences, initial endowments, production technologies, and coalition patterns are all unknown to the designer. It will be noted that the mechanisms presented here are feasible and continuous. In addition, unlike most m...

Implementation of Marginal Cost Pricing Equilibrium Allocations with Transfers in Economies with Increasing Returns to Scale

This paper considers implementation of marginal cost pricing equilibrium allocations with transfers for production economies with increasing returns to scale. We present a mechanism whose Nash equilibrium allocations coincide with the set of marginal cost pricing equilibrium allocations with transfers that characterizes Pareto efficient allocations for economies with non-convex production techn...

Some Conditions for Characterizing Minimum Face in Non-Radial DEA Models with Undesirable Outputs

The problem of utilizing undesirable (bad) outputs in DEA models often need replacing the assumption of free disposability of outputs by weak disposability of outputs. The Kuosmanen technology is the only correct representation of the fully convex technology exhibiting weak disposability of bad and good outputs. Also, there are some specific features of non-radial data envelopment analysis (DEA...

Non convex technologies and economic efficiency measure with imprecise data