Arifovic, Jasmina; Ledyard, John - In: Journal of Economic Behavior & Organization 78 (2011) 3, pp. 374-395
Abstract We are interested in how Groves-Ledyard mechanisms perform when used repeatedly in a sequence of one-shot games where agents know only their own preferences. In particular, how fast do the mechanisms converge to the stage game Nash equilibrium and how does that speed of convergence...