نتایج جستجو برای: pseudo inefficiency

تعداد نتایج: 55341  

Journal: :Arthaniti: Journal of Economic Theory and Practice 2018

2016
Swaprava Nath Tuomas Sandholm

We study efficiency and budget balance for designing mechanisms in general quasi-linear domains. Green and Laffont [13] proved that one cannot generically achieve both. We consider strategyproof budgetbalanced mechanisms that are approximately efficient. For deterministic mechanisms, we show that a strategyproof and budget-balanced mechanism must have a sink agent whose valuation function is ig...

Journal: :Recherches économiques de Louvain 2002

Journal: :Journal of Political Economy 1979

Journal: :American Economic Review 2000

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