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We examine the strategy-proof allocation of multiple divisible and indivisible resources; an application is the assignment of packages of tasks, workloads, and compensations among the members of an organization. We find that any allocation mechanism obtained by maximizing a separably concave...
Persistent link: https://www.econbiz.de/10013208670
Persistent link: https://www.econbiz.de/10010256120
We examine the strategy-proof allocation of multiple divisible and indivisible resources; an application is the assignment of packages of tasks, workloads, and compensations among the members of an organization. We find that any allocation mechanism obtained by maximizing a separably concave...
Persistent link: https://www.econbiz.de/10013057393
Persistent link: https://www.econbiz.de/10009310817
Persistent link: https://www.econbiz.de/10010249738
Consider a database of academic papers where each paper has a scientific worth and a group of authors. We propose a new way of measuring individual academic productivity by evaluating authorship, the extent of an author's contribution to each paper. Our method, CoScore, uses the varying levels...
Persistent link: https://www.econbiz.de/10012997594
Persistent link: https://www.econbiz.de/10010256121
Consider a market for a resource under disequilibrium prices where suppliers and demanders are privately informed about their optimal supply and consumption levels. Strategy-proof market clearing mechanisms give suppliers and demanders dominant strategy incentives to truthfully reveal this...
Persistent link: https://www.econbiz.de/10014147817
A time bank is a group of individuals and/or organizations in a local community that set up a common platform to trade services among themselves. There are several well-known problems associated with this type of banking, e.g., high overhead costs for record keeping and difficulties to identify...
Persistent link: https://www.econbiz.de/10012290265
We study how a principal should optimally choose between implementing a new policy and maintaining the status quo when information relevant for the decision is privately held by agents. Agents are strategic in revealing their information; the principal cannot use monetary transfers to elicit...
Persistent link: https://www.econbiz.de/10013189004