S Nath, T Sandholm - Games and Economic Behavior, 2019 - Elsevier
We consider efficiency and budget balance in general quasi-linear domains. Green and Laffont (1979) proved that one cannot generically achieve both. We consider strategyproof …
Y Long, D Mishra, T Sharma - Games and Economic Behavior, 2017 - Elsevier
In the private values single object auction model, we construct a satisfactory mechanism–a symmetric, dominant strategy incentive compatible, and budget-balanced mechanism. The …
A general approach to the design of budget-balanced cost-sharing mechanisms is to use the Shapley value, applied to the given cost function, to define payments from the players to the …
Strategy-proof and budget-balanced ranking mechanisms assign q units of an object to n agents. The efficiency loss is the largest ratio of surplus loss to efficient surplus, over all …
T Shichijo, E Fukuda - Journal of Economic Theory, 2021 - Elsevier
Excludable public goods with non-rivalry and private goods with network externalities have similar coordination problems. In this study, we define generalized non-rivalry to investigate …
Y Long - Available at SSRN 2827387, 2016 - papers.ssrn.com
Strategy-proof, budget balanced, and envy-free linear mechanisms assign p identical objects to n agents. The efficiency loss is the largest ratio of surplus loss to efficient surplus …
K Hashimoto, H Saitoh - Social Choice and Welfare, 2016 - Springer
We consider a mechanism design problem for the provision of a binary excludable public good. We characterize the augmented serial rules (Ohseto, Econ Theory 26: 589–606 2005) …
We consider land rental problems where there are several communities that can act as lessors and a single tenant who does not necessary need all the available land. A rule …
D Mishra, T Sharma - arXiv preprint arXiv:1604.08379, 2016 - arxiv.org
In the private values single object auction model, we construct a satisfactory mechanism-a symmetric, dominant strategy incentive compatible, and budget-balanced mechanism. Our …