Showing 1 - 10 of 11,122
Persistent link: https://www.econbiz.de/10011703082
Persistent link: https://www.econbiz.de/10009389588
Persistent link: https://www.econbiz.de/10010342093
Persistent link: https://www.econbiz.de/10009129869
Persistent link: https://www.econbiz.de/10003680537
Persistent link: https://www.econbiz.de/10012197028
Persistent link: https://www.econbiz.de/10011927458
Persistent link: https://www.econbiz.de/10012179485
We investigate Groves mechanisms for economies where (i) a social outcome specifies a group of winning agents, and (ii) a cost function associates each group with a monetary cost. In particular, we characterize both (i) the class of cost functions for which there are Groves mechanisms such that...
Persistent link: https://www.econbiz.de/10014325270
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of profound uncertainty about the benefits of public goods, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private...
Persistent link: https://www.econbiz.de/10011444451