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We examine the strategy-proof allocation of multiple divisible and indivisible resources; an application is the assignment of packages of tasks, workloads, and compensations among the members of an organization. We find that any allocation mechanism obtained by maximizing a separably concave...
Persistent link: https://www.econbiz.de/10013057393
Persistent link: https://www.econbiz.de/10010256121
Consider a market for a resource under disequilibrium prices where suppliers and demanders are privately informed about their optimal supply and consumption levels. Strategy-proof market clearing mechanisms give suppliers and demanders dominant strategy incentives to truthfully reveal this...
Persistent link: https://www.econbiz.de/10014147817
Persistent link: https://www.econbiz.de/10011549041