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We investigate the problem of reordering agents starting from an existing queue. First, we introduce four important axioms of the problem, budget balance (BB), outcome efficiency (OE), strategyproofness (SP), and individual rationality (IR). Unfortunately, it is easy to show that these four...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010681413
We investigate the implications of egalitarian equivalence (Pazner and Schmeidler [22]) together with queue efficiency and strategyproofness in the context of queueing problems. We completely characterize the class of mechanisms satisfying the three requirements. Though there is no mechanism in...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010681414
We perturb the bilateral bargaining model by introducing small ambiguity (via the epsilon contamination model) about the agents' types. We assume that the preferences are characterized by ambiguity aversion (Gilboa-Schmeidler). The rest of the setup is exactly as in Myerson and Satterthwaite...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010696181