Narrow search
Showing 1 - 10 of 62,096
Cover Image
Achieving the First Best in Sequencing Problems
Mitra, Manipushpak - University of Bonn, Germany - 2000
best we mean that one can find mechanisms that satisfy efficiency of decision, dominant strategy incentive compatibility …
Persistent link: https://www.econbiz.de/10004989617
Cover Image
Achieving the first best in sequencing problems
Mitra, Manipushpak - 2000 - Revised
best we mean that one can find mechanisms that satisfy efficiency of decision, dominant strategy incentive compatibility …
Persistent link: https://www.econbiz.de/10011538720
Cover Image
Achieving the first best in sequencing problems
Mitra, Manipushpak - In: Review of Economic Design 7 (2002) 1, pp. 75-91
best we mean that one can find mechanisms that satisfy efficiency of decision, dominant strategy incentive compatibility …
Persistent link: https://www.econbiz.de/10005753072
Cover Image
Mechanism design in queueing problems
Mitra, Manipushpak - In: Economic Theory 17 (2001) 2, pp. 277-305
which achieves truth-telling in dominant strategies, efficiency and budget balancedness (or first best implementability). On …
Persistent link: https://www.econbiz.de/10005753426
Cover Image
Inefficiency in private value bargaining with naive players: An experimental study
Possajennikov, Alexandre; Saran, Rene - 2018
no equilibrium achieving full efficiency. In the experiment, we vary the proportion of naive traders by introducing … computerized players. We find that full efficiency is not achieved in the experiment with or without naive traders, and efficiency … experiment participants, and that allowing face-to-face pre-play communication increases efficiency although still not to the …
Persistent link: https://www.econbiz.de/10012029781
Cover Image
Does strengthening Collective Action Clauses (CACs) help?
Ghosal, Sayantan; Thampanishvong, Kannika - Department of Economics, University of Warwick - 2009
show that the resulting conflict between ex ante and interim efficiency limits the welfare impact of strengthening CACs … welfare gains. However, when ex ante efficiency requires the sovereign debtor to choose actions that reduce the probability of … default, improved creditor coordination reduces ex ante efficiency and the interim efficient CAC threshold is higher than the …
Persistent link: https://www.econbiz.de/10005146937
Cover Image
Inefficiency in private value bargaining with naive players : an experimental study
Possajennikov, Alexandre; Saran, Rene - 2018
no equilibrium achieving full efficiency. In the experiment, we vary the proportion of naive traders by introducing … computerized players. We find that full efficiency is not achieved in the experiment with or without naive traders, and efficiency … experiment participants, and that allowing face-to-face pre-play communication increases efficiency although still not to the …
Persistent link: https://www.econbiz.de/10011852503
Cover Image
A Theory of Efficient Negotiations
Jackson, Matthew O. - 2016
Negotiation involves determining not only an agreement's price, but also its content, which typically has many aspects. We model such negotiations and provide conditions under which negotiation leads to efficient outcomes, even in the face of substantial asymmetric information regarding the...
Persistent link: https://www.econbiz.de/10013005057
Cover Image
Rawlsian Allocation In Queueing And Sequencing Problem.
De, Parikshit - Volkswirtschaftliche Fakultät, … - 2014
In this paper we analyze the implication of a particular kind of allocation rule called Rawlsian allocation rule on queueing and sequencing problems. We find that in case of queueing problems, Efficient allocation rules are Rawlsian but the converse is not true. For a particular class of...
Persistent link: https://www.econbiz.de/10011111169
Cover Image
Incentive and normative analysis on sequencing problem
De, Parikshit - Volkswirtschaftliche Fakultät, … - 2013
time allocation rule for the sequencing problem. We then characterize the class of mechanisms satisfying efficiency of … egalitarian equivalence, efficiency of decision, identical preference lower bound and strategyproofness are compatible. …
Persistent link: https://www.econbiz.de/10011114557