{"entities":{"Q1090218":{"pageid":1100970,"ns":120,"title":"Item:Q1090218","lastrevid":66907194,"modified":"2026-04-12T13:39:38Z","type":"item","id":"Q1090218","labels":{"en":{"language":"en","value":"Vickrey-Clarke-Groves mechanisms and perfect competition"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 4005941"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$6D12A293-E2E4-436A-B834-A997B80177CD","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"f5f06a2ee0cb2a288d6f92af3a3057f902d4e47e","datavalue":{"value":{"text":"Vickrey-Clarke-Groves mechanisms and perfect competition","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q1090218$498AD1C3-BED3-4046-9604-5FFE755D1120","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"787ebc50742295372d3d40ba98bba01bbc4e4164","datavalue":{"value":"0619.90013","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1090218$65AB01D5-0DB4-4AFE-8A8B-EB3270B4289E","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"80249cdd4d00952db8e51545d8350e2048c9d57d","datavalue":{"value":"10.1016/0022-0531(87)90087-1","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1090218$14CB59C6-B3E5-42F2-8F3A-4FD0DA59A807","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"d759cf9d18917ab67b3e3454f67e2df90288f9b7","datavalue":{"value":{"entity-type":"item","numeric-id":1090217,"id":"Q1090217"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$76EE5DF4-3C08-4A7C-BE2B-C2F21162F2E7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"1179573f997d9955d36d36af318d9b209e42da53","datavalue":{"value":{"entity-type":"item","numeric-id":790022,"id":"Q790022"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$273A33F7-EBF1-43EE-A67D-0239B584BEDC","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"3bf9ac9ec63184edee159adfddd47bd75703ecee","datavalue":{"value":{"entity-type":"item","numeric-id":61265,"id":"Q61265"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$35E5DC21-5B10-4B37-9581-D385880BD14E","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"5ae48c61eed19d1e1e1f33f9255d5b329362d064","datavalue":{"value":{"time":"+1987-00-00T00:00:00Z","timezone":0,"before":0,"after":0,"precision":9,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q1090218$64FC75EB-7FF8-4010-AE79-807314A5E2AC","rank":"normal"}],"P205":[{"mainsnak":{"snaktype":"value","property":"P205","hash":"8ef2c5a0f97c55fce3263ccc7fbd81b322ffb1ea","datavalue":{"value":"http://www.econ.ucla.edu/workingpapers/wp333.pdf","type":"string"},"datatype":"url"},"type":"statement","id":"Q1090218$7A3B96F7-0E01-4BF1-A2AD-26D848A269CF","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"41bf9d380b7d6456f983d79374d7034a5a12653e","datavalue":{"value":"We present a game theoretic-mechanism characterization of perfect competition: we prove the perfectly competitive mechanism is the only Pareto optimal, individually rational, dominant strategy allocation mechanism. Thus, perfect competition is uniquely capable of efficiently and non-coercively solving the incentive/bargaining problem when there is incomplete information, i.e., when each individual knows his own tastes and production possibilities better than anyone else. We also show one can interpret any dominant strategy, demand-revealing mechanism as ''working'' because it mimics the reward scheme that characterizes the perfectly competitive market, namely, the marginal product reward scheme.","type":"string"},"datatype":"string"},"type":"statement","id":"Q1090218$5A894C80-97AB-4EA4-A0AF-A65DA8B1277C","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"24cdad0c4f070ea13a423276897e0bb867bad11c","datavalue":{"value":"91B50","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1090218$98C4203D-AEB2-4EE0-84E2-17849214D58D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"bc7eb0f462deb89a5bf6af1abf9a96ba13c81d67","datavalue":{"value":"91A40","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1090218$AF86C996-CE41-4D98-95A6-B83F4B4A522C","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"e8282253b5fa923afcf344e6423f0a8354e00b10","datavalue":{"value":"4005941","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1090218$B379037B-1F32-47CE-8E3B-38E470FE0481","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"3344179f2bc1c15d2f7bcfe0ed2720c441a77d06","datavalue":{"value":"game theoretic-mechanism","type":"string"},"datatype":"string"},"type":"statement","id":"Q1090218$ECAB6DE2-51C7-4A5A-BB29-C07A49E5C58A","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"c424e3cefa4afae349984e3dc067dfd29a6b3655","datavalue":{"value":"perfect competition","type":"string"},"datatype":"string"},"type":"statement","id":"Q1090218$5B98F118-B959-4762-A548-1C48F3A9A887","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"d1918e9127683b9c6fb6dc38100ed6d1f9638860","datavalue":{"value":"Pareto optimal, individually rational, dominant strategy allocation mechanism","type":"string"},"datatype":"string"},"type":"statement","id":"Q1090218$1FEABAF3-6E3F-4F74-89CB-575B004BA2B6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"5b6f966e4d6ca933ec639419988ab70ff720dec4","datavalue":{"value":"incomplete information","type":"string"},"datatype":"string"},"type":"statement","id":"Q1090218$32CFCEC8-A409-4F08-B3BA-1C1A4FDD7910","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$E9165F6E-E93E-44C0-ACB7-7D25D19BEBF2","rank":"normal"}],"P388":[{"mainsnak":{"snaktype":"value","property":"P388","hash":"411fb25736423aa05f8cb8a8e73fdd3cb7a8aa5a","datavalue":{"value":"W2031291216","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q1090218$A351C9DE-BFDC-49D7-80DD-6597CA1C915F","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"a5ebb74182e95bc8530269ec89bb6bb5b33c27a1","datavalue":{"value":{"entity-type":"item","numeric-id":1158082,"id":"Q1158082"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$7E05100B-B2FE-4DF0-9A17-DAA732CDBE26","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"bba93182967f41a594737b6c9b600441ef4ff9fd","datavalue":{"value":{"entity-type":"item","numeric-id":4142947,"id":"Q4142947"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$4DFFAF0C-5764-44DC-BED8-F42A146D0F60","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"ec7c5d2860ccfcc3ea9f9d696db75bb4de37d436","datavalue":{"value":{"entity-type":"item","numeric-id":4070951,"id":"Q4070951"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$5E7677D5-667C-4745-A398-69A4DD757BC1","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"8ca6cbad0d7e7e0284bab2ebb669649a320c075d","datavalue":{"value":{"entity-type":"item","numeric-id":4197583,"id":"Q4197583"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$D9180AC4-D5DA-4A46-BF6E-8495BAD420CA","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"bda7d5c43a92f072b57336e73c989fa5fe14365e","datavalue":{"value":{"entity-type":"item","numeric-id":4198284,"id":"Q4198284"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$C1E24752-DA07-4B96-87FF-79E9CD0B3DAC","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"392ce32a0629b5b594ad372a781b24c65967afcb","datavalue":{"value":{"entity-type":"item","numeric-id":5668220,"id":"Q5668220"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$287827DD-757B-487A-9C04-D483FF49A0FC","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"5c1201f47a0d14cfd6605c01dc62463e0538899b","datavalue":{"value":{"entity-type":"item","numeric-id":3869042,"id":"Q3869042"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$E3BDD9A5-B6DF-4BA8-B30A-84AB965A80F9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"21a3c26d6429ee39ad8b1cffb6649c9443058c34","datavalue":{"value":{"entity-type":"item","numeric-id":1153027,"id":"Q1153027"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$E3FBE8E4-2721-4F26-BDCD-A0DBD952D3F9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"f7c6146cc68dd66439068445997c16f61960600b","datavalue":{"value":{"entity-type":"item","numeric-id":3220033,"id":"Q3220033"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$C82E9906-7A6D-4C73-A844-8B3FAF0DB8B6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"9c6201cb04efc73db7d8488bcc1e134faadfc1a2","datavalue":{"value":{"entity-type":"item","numeric-id":1138467,"id":"Q1138467"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$80689EB6-3EB3-4FFA-B1C5-5F0262754AF8","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"29a3a9e2f3c01eca2c54b18d8c455dfa7cf8d978","datavalue":{"value":{"entity-type":"item","numeric-id":1184840,"id":"Q1184840"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$5A4C52C7-ADFC-4E34-AC44-DFA890A4022C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"8df236f41349135ea8c49b3417bbf3fedb8daeeb","datavalue":{"value":{"entity-type":"item","numeric-id":1141574,"id":"Q1141574"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$B3FE7CE4-7DED-4C20-971A-6EC2032E3EEE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"2808c081db47283e2accd22e903f887c04318825","datavalue":{"value":{"entity-type":"item","numeric-id":4074612,"id":"Q4074612"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$155353DB-E091-4743-84AB-D0D9D832A750","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"7b57c8aad76a1ceacd5124eaa56ca1dad8cc1d21","datavalue":{"value":{"entity-type":"item","numeric-id":4158733,"id":"Q4158733"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$8C6FCAFB-5659-4CE2-8AD3-58CDAF5E09A1","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"87ce624532b61ed2236400f2c4b427446db1716a","datavalue":{"value":{"entity-type":"item","numeric-id":3887167,"id":"Q3887167"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q1090218$4C5F4D91-FB27-40F2-BC24-95DB737B7EE1","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"a5630716856de68d5525069c19801f9e05d29629","datavalue":{"value":{"entity-type":"item","numeric-id":1184840,"id":"Q1184840"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"3d1a6a33999773bacb5266a4b7b4d4e968b1def3","datavalue":{"value":{"amount":"+0.8094200491905212","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1090218$DF26E9BF-B945-45E0-B6C6-9B14322D1F8B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"26c86a1f1b7065b5e82547f985fadc4263015f74","datavalue":{"value":{"entity-type":"item","numeric-id":1290837,"id":"Q1290837"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"87d6cda605d8e401fb77719b10c55421b03d5c80","datavalue":{"value":{"amount":"+0.8094069957733154","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1090218$A4CF2683-2996-476C-B9C8-6C405C6A9DA6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"c716a7894fc5d6ec0ab7065f8ba9871e2713633f","datavalue":{"value":{"entity-type":"item","numeric-id":2373772,"id":"Q2373772"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"e730a17e6db6de5938db5c60d510e035ffb08f39","datavalue":{"value":{"amount":"+0.8051695227622986","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1090218$F109C7C8-678C-4D7A-B3D3-AF7A26958FE9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"d9ab98aa9250fb2c2be9b0441f7dcd4bba228791","datavalue":{"value":{"entity-type":"item","numeric-id":1189330,"id":"Q1189330"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"16660fbd185eeedcd9796ea4b00def78ca286f2b","datavalue":{"value":{"amount":"+0.8043200373649597","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1090218$E54464B1-73BC-4700-AC13-2DB318B7CCBB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"88a2e3cb9b33202f1bd42963e5d6f56997b482c0","datavalue":{"value":{"entity-type":"item","numeric-id":1401111,"id":"Q1401111"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"6b53693313a6a3890fb4a5447116cb484ae784ab","datavalue":{"value":{"amount":"+0.8032382130622864","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q1090218$D3B68AFB-76C0-4543-A099-8D5AC1A8213F","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Vickrey-Clarke-Groves mechanisms and perfect competition","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/Vickrey-Clarke-Groves_mechanisms_and_perfect_competition"}}}}}