Showing 1 - 10 of 635,523
Persistent link: https://www.econbiz.de/10009491243
We consider a standard social choice environment with linear utilities and independent, one-dimensional, private values. We provide a short and constructive proof that for any Bayesian incentive compatible mechanism there exists an equivalent dominant strategy incentive compatible mechanism that...
Persistent link: https://www.econbiz.de/10009739162
Persistent link: https://www.econbiz.de/10009719107
We consider a standard social choice environment with linear utilities and independent, one-dimensional, private values. We provide a short and constructive proof that for any Bayesian incentive compatible mechanism there exists an equivalent dominant strategy incentive compatible mechanism that...
Persistent link: https://www.econbiz.de/10014179587
Persistent link: https://www.econbiz.de/10003550217
An important result in convex analysis is the duality between a closed convex set and its support function. We exploit this duality to develop a novel geometric approach to mechanism design. For a general class of social choice problems we characterize the feasible set, which is closed and...
Persistent link: https://www.econbiz.de/10010316902
Persistent link: https://www.econbiz.de/10009491244
An important result in convex analysis is the duality between a closed convex set and its support function. We exploit this duality to develop a novel geometric approach to mechanism design. For a general class of social choice problems we characterize the feasible set, which is closed and...
Persistent link: https://www.econbiz.de/10009741027
Persistent link: https://www.econbiz.de/10014382951
Persistent link: https://www.econbiz.de/10013267940