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A well-known result in incentive theory is that for a very broad class of decision problems, there is no mechanism which achieves truth-telling in dominant strategies, efficiency and budget balancedness (or first best implementability). On the contrary, Mitra and Sen (1998), prove that linear...
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We consider a problem where a group of agents is interested in some goods provided by a supplier with multiple sources. To be served, each agent should be connected directly or indirectly to all sources of the supplier for a safety reason. This problem generalizes the classical minimum cost...
Persistent link: https://www.econbiz.de/10015262766
We consider a problem where a group of agents is interested in some goods provided by a supplier with multiple sources. To be served, each agent should be connected directly or indirectly to all sources of the supplier for a safety reason. This problem generalizes the classical minimum cost...
Persistent link: https://www.econbiz.de/10015262859
We consider a problem where a group of agents is interested in some goods provided by a supplier with multiple sources. To be served, each agent should be connected directly or indirectly to all sources of the supplier for a safety reason. This problem generalizes the classical minimum cost...
Persistent link: https://www.econbiz.de/10015265808