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We propose a smooth multibidding mechanism for environments where a group of agents have to choose one out of several projects. Our proposal is related to the multibidding mechanism (Pérez-Castrillo and Wettstein, 2002) but it is "smoother" in the sense that small variations in an agent's bids...
Persistent link: https://www.econbiz.de/10009012061
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We propose a smooth multibidding mechanism for environments where a group of agents have to choose one out of several projects. Our proposal is related to the multibidding mechanism (Pérez-Castrillo and Wettstein, 2002) but it is “smoother” in the sense that small variations in an agent’s...
Persistent link: https://www.econbiz.de/10013316037
We propose a smooth multibidding mechanism for environments where a group of agents have to choose one out of several projects. Our proposal is related to the multibidding mechanism (Pérez-Castrillo and Wettstein, 2002) but it is 'smoother' in the sense that small variations in an agent's bids...
Persistent link: https://www.econbiz.de/10010274916
Persistent link: https://www.econbiz.de/10014414210
Persistent link: https://www.econbiz.de/10009537031
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