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We investigate the implications of imposing balanced consistency and balanced cost reduction in the context of sequencing problems. Balanced consistency requires that the effect on the payoff from the departure of one agent to another agent should be equal between any two agents. On the other...
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We investigate the implications of imposing balanced consistency and balanced cost reduction in the context of sequencing problems. Balanced consistency requires that the effect on the payoff from the departure of one agent to another agent should be equal between any two agents. On the other...
Persistent link: https://www.econbiz.de/10011380144
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A quasi-linear social choice problem is concerned with choosing one among a finite set of public projects and determining side payments among agents to cover the cost of the project, assuming each agent has quasi-linear preferences. We first investigate the logical relations between various...
Persistent link: https://www.econbiz.de/10014156681
We study the slot allocation problem where agents have quasi-linear single-peaked preferences over slots and identify the rules satisfying efficiency, strategy-proofness, and individual rationality. Since the quasi-linear single-peaked domain is not connected, the famous characterization of the...
Persistent link: https://www.econbiz.de/10013243117