Characterization of revenue equivalence

The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. In this paper we give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The characterization holds for any (possibly in¯nite) outcome space and many of the known results about revenue equivalence are immediate consequences.

MoreLess

Year of publication:	2007
Authors:	Heydenreich, Birgit ; Müller, Rudolf ; Uetz, Marc
Publisher:	Evanston, IL : Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Series:	Discussion Paper ; 1448
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	587664045 [GVK] hdl:10419/31193 [Handle] RePEc:nwu:cmsems:1448 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010266280