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Characterization of revenue equivalence

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Characterization of revenue equivalence

Heydenreich, Birgit (contributor); … - 2007

The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. In this paper we give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The...

Persistent link: https://www.econbiz.de/10003782066