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compatible with individual rationality. This new concept requires that each demander (i.e., agent whose most preferred amount is …
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mechanisms--such as ordinal strategy-proofness or individual rationality--using linear constraints. Using the theory of totally … decomposability of linear constraints on random mechanisms. As two illustrative examples, we show that individual rationality is …
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establish a revenue uniqueness result: for every dominant strategy implementable allocation rule, there is a unique payment rule …
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establish a revenue uniqueness result: for every dominant strategy implementable allocation rule, there is a unique payment rule …
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claims. We focus on market-based allocation rules that impose a two-step procedure: assignment of rights based on claims …-assignment rules that guarantee that the allocation rules are fair. We apply our results to problems of greenhouse gas emissions and …
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