Add to ORKGAn alternative notion of individual rationality for mechanism design is studied in which mechanisms suggest public goods allocations and individuals then choose whether or not to submit their requested transfer to the central planner. The set of allocations such that unanimous participation is a Nash equilibrium is shown to be sub-optimal in a wide variety of environments and shrinks to the endowment as the economy is replicated. Therefore, any non-trivial mechanism suffers from non-participation in the selected outcome when agents cannot be coerced to contribute
Abstract. This paper considers the issue of designing mechanisms whose Nash allocations and strong N...
A number of identical objects is allocated to a set of privately informed agents. Agents have linear...
International audienceIt is well known that ex post efficient mechanisms for the provision of indivi...
An alternative notion of individual rationality for mechanism design is studied in which mechanisms ...
We consider a notion of voluntary participation for mechanism design in public goods economies in wh...
Abstract We consider a notion of voluntary participation for mechanism design in public goods econom...
An environment is studied in which mechanisms suggest public goods allocations and individuals then ...
March 18, 2005 (First Version: July 2003)In this study, a participation game in a mechanism to imple...
(First Version: July 2003) Summary. In this study, a participation game in a mechanism to implement ...
We propose a new family of mechanisms, whereby players may give more or less directly to one another...
Collective action problems arise in a variety of situations. The economic theory of public good prov...
Collective action problems arise in a variety of situations. The economic theory of public good prov...
We propose a new family of mechanisms, whereby players may give more or less directly to one another...
This paper considers the Nash equilibria to a game where a discrete public good is to be provided. E...
Groves-Ledyard (1977) constructed a mechanism attaining Pareto efficient allocations in the presence...
Abstract. This paper considers the issue of designing mechanisms whose Nash allocations and strong N...
A number of identical objects is allocated to a set of privately informed agents. Agents have linear...
International audienceIt is well known that ex post efficient mechanisms for the provision of indivi...
An alternative notion of individual rationality for mechanism design is studied in which mechanisms ...
We consider a notion of voluntary participation for mechanism design in public goods economies in wh...
Abstract We consider a notion of voluntary participation for mechanism design in public goods econom...
An environment is studied in which mechanisms suggest public goods allocations and individuals then ...
March 18, 2005 (First Version: July 2003)In this study, a participation game in a mechanism to imple...
(First Version: July 2003) Summary. In this study, a participation game in a mechanism to implement ...
We propose a new family of mechanisms, whereby players may give more or less directly to one another...
Collective action problems arise in a variety of situations. The economic theory of public good prov...
Collective action problems arise in a variety of situations. The economic theory of public good prov...
We propose a new family of mechanisms, whereby players may give more or less directly to one another...
This paper considers the Nash equilibria to a game where a discrete public good is to be provided. E...
Groves-Ledyard (1977) constructed a mechanism attaining Pareto efficient allocations in the presence...
Abstract. This paper considers the issue of designing mechanisms whose Nash allocations and strong N...
A number of identical objects is allocated to a set of privately informed agents. Agents have linear...
International audienceIt is well known that ex post efficient mechanisms for the provision of indivi...