Showing 1 - 10 of 32
We consider the problem of sharing the cost of a network that meets the connection demands of a set of agents. The agents simultaneously choose paths in the network connecting their demand nodes. A mechanism splits the total cost of the network formed among the participants. We introduce two new...
Persistent link: https://www.econbiz.de/10009493710
We consider the problem of sharing the cost of a network that meets the connection demands of a set of agents. The agents simultaneously choose paths in the network connecting their demand nodes. A mechanism splits the total cost of the network formed among the participants. We introduce two new...
Persistent link: https://www.econbiz.de/10008805392
Persistent link: https://www.econbiz.de/10008857741
We consider the problem of sharing the cost of connecting a large number of atomless agents in a network. The centralized agency elicits the target nodes that agents want to connect, and charges agents based on their demands. We look for a cost-sharing mechanism that satisfies three desirable...
Persistent link: https://www.econbiz.de/10012227762
We study a model in which agents endowed with power compete for a divisible resource by forming coalitions with other agents. The coalition with the greatest power wins the resource and divides it among its members via proportional sharing. We conduct an economic experiment using this model to...
Persistent link: https://www.econbiz.de/10012227776
Both the economics and the engineering of irrigation design are typically based on the assumption of a single source. The more general economic problem is to determine which sources should be developed and how water should be allocated and delivered to various receptor-farmers. This is a problem...
Persistent link: https://www.econbiz.de/10011162943
Every agent reports his willingness to pay for one unit of good. A mechanism allocates goods and cost shares to some agents. We characterize the group strategyproof (GSP) mechanisms under two alternative continuity conditions interpreted as tie-breaking rules. With the maximalist rule (MAX) an...
Persistent link: https://www.econbiz.de/10009493708
In this paper we study an expression for all additive, symmetric and efficient solutions, i.e., the set of axioms that traditionally are used to characterize the Shapley value except for the dummy axiom. Also, we obtain an expression for this kind of solutions by including the self duality...
Persistent link: https://www.econbiz.de/10010630415
In this paper we study an expression for all additive, symmetric and efficient solutions, i.e., the set of axioms that traditionally are used to characterize the Shapley value except for the dummy axiom. Also, we obtain an expression for this kind of solutions by including the self duality...
Persistent link: https://www.econbiz.de/10005110783
A planner chooses an allocation of a divisible resource and charges agents based on their reported type. We discover and describe the set of dominant-strategy incentive-compatible (strategy-proof) mechanisms when the planner has the ability to observe the true type of agents ex-post and punish...
Persistent link: https://www.econbiz.de/10014082353