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Telling Times: History, Emplotment, And Truth

✍ Scribed by Jonathan A Carter


Book ID
108562740
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
153 KB
Volume
42
Category
Article
ISSN
0018-2656

No coin nor oath required. For personal study only.


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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-