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In this paper we consider online auction mechanisms for the allocation of M items that are identical to each other except for the fact that they have different expiration times, and each item must be allocated before it expires. Players arrive at different times, and wish to buy one item before...
Persistent link: https://www.econbiz.de/10009450292
[This item is a preserved copy. To view the original, visit http://econtheory.org/] We consider Bayesian incentive-compatible mechanisms with independent types and either private values or interdependent values that satisfy a form of "congruence." We show that in these settings, interim...
Persistent link: https://www.econbiz.de/10009455286
[This item is a preserved copy. To view the original, visit http://econtheory.org/] The paper considers the communication complexity (measured in bits or real numbers) of Nash implementation of social choice rules. A key distinction is whether we restrict to the traditional one-stage mechanisms...
Persistent link: https://www.econbiz.de/10009455390