Showing 41 - 50 of 200
Persistent link: https://www.econbiz.de/10010241496
We study dominant strategy incentive compatible (DIC) and deterministic mechanisms in a social choice setting with several alternatives. The agents are privately informed about their preferences, and have single-crossing utility functions. Monetary transfers are not feasible. We use an...
Persistent link: https://www.econbiz.de/10010198499
Persistent link: https://www.econbiz.de/10009623489
Persistent link: https://www.econbiz.de/10009658244
Persistent link: https://www.econbiz.de/10009706853
Persistent link: https://www.econbiz.de/10009719107
Persistent link: https://www.econbiz.de/10010376543
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10010365886
We analyse incentive problems in collective production environments where contributors are compensated according to their observed and ranked efforts. This provides incentives to the contributors to choose first best efforts.
Persistent link: https://www.econbiz.de/10010383038
We study the role of information exchange, leadership and coordination in team or partnership structures. For this purpose, we view individuals jointly engaging in productive processes-a "team"-as endowed with individual and privately held information on the joint production process. Once...
Persistent link: https://www.econbiz.de/10010405163