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Complementary to the axiomatic and mechanism design studies on queueing problems, this paper proposes a strategic bargaining approach to resolve queueing conflicts. Given a situation where players with different waiting costs have to form a queue in order to be served, they firstly compete with...
Persistent link: https://www.econbiz.de/10010930793
In the present paper we consider the allocation of costs in connection networks. Agents have connection demands in form of pairs of locations they want to have connected. Connections between locations are costly to build. The problem is to allocate costs of networks satisfying all connection...
Persistent link: https://www.econbiz.de/10011263568
-called Rational Belief Shapley (RBS) value. We investigate the strategic foundation of the RBS value by constructing an implementation …
Persistent link: https://www.econbiz.de/10011263578
. We take an implementation-theoretic approach and provide theoretical, empirical and experimental analyses of this problem …
Persistent link: https://www.econbiz.de/10009399707
We consider full implementation in complete-information environments when agents have an arbitrarily small preference …
Persistent link: https://www.econbiz.de/10010738055
We study the implementation problem when players are prone to make mistakes. To capture the idea of mistakes, Logit … worst alternative are the necessary conditions for restricted Limit LQRE (LLQRE) implementation. Moreover, these conditions …
Persistent link: https://www.econbiz.de/10010603331
This paper investigates the ex post implementation of a social choice set with two agents. A social choice set F is ex …
Persistent link: https://www.econbiz.de/10010573654
We derive several implications of incentive compatibility in general (i.e., not necessarily quasilinear) environments. Building on Kos and Messner (2013), we provide a (partial) characterization of incentive compatible mechanisms.
Persistent link: https://www.econbiz.de/10010702790
–38] showed that two properties – monotonicity and no veto power – are together sufficient for Nash implementation. In contrast to …
Persistent link: https://www.econbiz.de/10010702855
In this note we provide a strategic implementation of the Average Tree solution for zero-monotonic cycle-free graph …
Persistent link: https://www.econbiz.de/10010719008