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This is an investigation into the design of a market-based process to replace NASA's current committee process for allocating Shuttle secondary payload resources (lockers, Watts and crew). The market-based process allocates budgets of tokens to NASA internal organizations that in turn use the...
Persistent link: https://www.econbiz.de/10005711636
Persistent link: https://www.econbiz.de/10005537693
We consider the class of Bayesian environments with independent types, and utility functions which are both quasi-linear in a private good and linear in a one-dimensional private-value type parameter. We call these "independent linear environments". For these environments, we fully characterize...
Persistent link: https://www.econbiz.de/10005654742