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We study the problem of allocating m identical items among n m agents with unit demand and private value for consuming the good. We allow payments and focus on dominant-strategy implementation. In the absence of an auctioneer who can absorb payments collected from the agents, the payments must...
Persistent link: https://www.econbiz.de/10010287724
Persistent link: https://www.econbiz.de/10009387947
We study the problem of allocating m identical items among n m agents with unit demand and private value for consuming the good. We allow payments and focus on dominant-strategy implementation. In the absence of an auctioneer who can absorb payments collected from the agents, the payments must...
Persistent link: https://www.econbiz.de/10009612251
We revisit classic algorithmic search and optimization problems from the perspective of competition. Rather than a single optimizer minimizing expected cost, we consider a zero-sum game in which an optimization problem is presented to two players, whose only goal is to outperform the opponent....
Persistent link: https://www.econbiz.de/10010282893
Persistent link: https://www.econbiz.de/10003959281
Persistent link: https://www.econbiz.de/10003959310
We revisit classic algorithmic search and optimization problems from the perspective of competition. Rather than a single optimizer minimizing expected cost, we consider a zero-sum game in which an optimization problem is presented to two players, whose only goal is to outperform the opponent....
Persistent link: https://www.econbiz.de/10009427188
Persistent link: https://www.econbiz.de/10010478128
Persistent link: https://www.econbiz.de/10010479704