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Characterizing pairwise strategy-proof rules in object allocation problems with money
Shinozaki, Hiroki - 2022
class of rules satisfying the properties, and find the tension between minimal properties of efficiency, fairness, and …
Persistent link: https://www.econbiz.de/10013350780
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Markets and transaction costs
Jantschgi, Simon; Nax, Heinrich H.; Pradelski, Bary S. R.; … - 2022 - Revised version, September 2022
properties of markets without transaction costs, namely strategyproofness, efficiency, and robustness to misspecified beliefs and …
Persistent link: https://www.econbiz.de/10013440142
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Mechanisms in a digitalized world
Demange, Gabrielle - 2018
Due to computing and communication facilities, formal procedures, often referred to as "algorithms", are now extensively used in public, economic and social areas. These procedures, currently at the forefront of criticisms, share some features with mechanisms as defined by economists, following...
Persistent link: https://www.econbiz.de/10011822644
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Characterizing Pairwise Strategy-Proof Rules in Object Allocation Problems with Money
Shinozaki, Hiroki - 2023
class of rules satisfying the properties, and find the tension between minimal properties of efficiency, fairness, and …
Persistent link: https://www.econbiz.de/10014357437
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Second-best incentive compatible allocation rules for multiple-type indivisible objects
Anno, Hidekazu; Kurino, Morimitsu - 2014
strategy-proof rule with the following efficiency property: no strategy-proof rule Pareto-dominates the rule. Such rules are …
Persistent link: https://www.econbiz.de/10010250132
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Quadratic Voting in Finite Populations
Chandar, Bharat - 2019
in which one-person-one-vote rules outperform QV and also show that convergence to full efficiency in large populations … QV with artificial currency may give superior efficiency to QV with real currency …
Persistent link: https://www.econbiz.de/10012904427
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Does Vote Trading Improve Welfare ?
Casella, Alessandra - 2020
Voters have strong incentives to increase their influence by trading votes, a practice indeed believed to be common. But is vote trading welfare-improving or welfare-decreasing? We review the theoretical literature and, when available, its related experimental tests. We begin with the analysis...
Persistent link: https://www.econbiz.de/10012824815
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The Robustness of Quadratic Voting
Weyl, E. Glen - 2016
efficiency in large populations in a stylized environment. They motivate their proposal substantially based on its greater … I consider here. While most of the factors I study reduce the efficiency of QV to some extent, it is reasonably robust … structures in the literature I find that such uncertainty reduces limiting efficiency, but never by a large magnitude. Voter …
Persistent link: https://www.econbiz.de/10014036333
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Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10009696885
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Competing with Asking Prices
Lester, Benjamin R. - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10013087203