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Foundations of Dominant-Strategy Mechanisms

✍ Scribed by CHUNG, KIM-SAU; ELY, J. C.


Book ID
111004698
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
342 KB
Volume
74
Category
Article
ISSN
0034-6527

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Truth-telling, dominant strategies, and
✍ Susan I. Cohen πŸ“‚ Article πŸ“… 1986 πŸ› Springer US 🌐 English βš– 522 KB

This essay demonstrates that if an organization uses a price-decomposition algorithm to solve a decentralized resource allocation problem, in which rewards are those of a Groves mechanism, then truth-telling remains a dominant-strategy equilibrium. Earlier work shows that for a general class of non-