{"entities":{"Q2201693":{"pageid":2212436,"ns":120,"title":"Item:Q2201693","lastrevid":53823719,"modified":"2026-01-25T18:56:15Z","type":"item","id":"Q2201693","labels":{"en":{"language":"en","value":"Randomization under ambiguity: efficiency and incentive compatibility"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 7248536"}},"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":"Q2201693$BA0CA5B5-D49D-4665-998F-F094D65C5043","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"7d05d79512b4fe765b59af4cb82b4a23146749c8","datavalue":{"value":{"text":"Randomization under ambiguity: efficiency and incentive compatibility","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q2201693$9C7A496C-39FA-4083-99D1-3026D5FF05E7","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"8b701380fe8ed6aef9fff79360ccc8f1aaa3db75","datavalue":{"value":"1452.91171","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2201693$E242C905-E571-4101-AF47-FB72FCFF2A14","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"4aedfe98602191f68f65d731e931482643de80ce","datavalue":{"value":{"entity-type":"item","numeric-id":297609,"id":"Q297609"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$5FECD954-AB3F-4BD9-AD3B-C3065CEB70C2","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"67bd6fbed77532b9db2848f578e715a2087f328b","datavalue":{"value":{"entity-type":"item","numeric-id":1745648,"id":"Q1745648"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$7FA6DDC2-D3BD-4C44-B596-A0BFB318830D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"6139a0ad83626dce1bf53a88e6481154f6a8f198","datavalue":{"value":{"entity-type":"item","numeric-id":222708,"id":"Q222708"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$2A068840-A207-4569-A7B5-C2E1CDF327EF","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"e4c2e988e5006d85760634c8bd82b90d5dc4af6e","datavalue":{"value":{"entity-type":"item","numeric-id":176927,"id":"Q176927"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$4F45FD7B-0874-4B99-B366-FC21C6EF0EAC","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"c7b654844b81166f884849fbb386fac59a7d85c1","datavalue":{"value":{"time":"+2020-09-17T00:00:00Z","timezone":0,"before":0,"after":0,"precision":11,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q2201693$AA046262-4997-4333-89FE-662B1992F9EC","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"f386e34ad19b646f4eb678e2d9b15f8a51e9c186","datavalue":{"value":"The authors generalize the previous work made by \\textit{L. De Castro} and \\textit{N. C. Yannelis} [J. Econ. Theory 177, 678--707 (2018; Zbl 1417.91159)], where it was proved that when agents have the Wald's maxmin preferences, the conflict between efficiency and incentive compatibility no longer exists: all efficient allocations are also incentive compatible if and only if agents have the Wald's maxmin preferences.   The generalization shown in the present manuscript is made by taking into account the use of randomization. In this direction, the authors analyze and answer the following questions: Is each efficient allocation of de Castro and Yannelis [loc. cit.] still Pareto optimal? Are all efficient allocations still incentive compatible under the Wald's maxmin preferences? Positive answers are provided and several applications are discussed.","type":"string"},"datatype":"string"},"type":"statement","id":"Q2201693$3978589A-4B0C-4270-9B03-3DB112AE34D2","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"3783afd39b9a4c0ecdd0e6ac842f765284c23884","datavalue":{"value":"91B32","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2201693$3FF8E33A-367E-4B1F-847C-FDD48849202B","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"88cbb1dd3032716d737f3a15a092c54c0e880494","datavalue":{"value":"7248536","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2201693$95E42E3A-DD82-4A2A-BF73-5BA50483A73B","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"8772b8c14782cdd60b859668ca319952c676820a","datavalue":{"value":"lottery allocations","type":"string"},"datatype":"string"},"type":"statement","id":"Q2201693$787F9D84-BCFC-4530-BB74-78C45B04D850","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"5acfe21e84d36ad92844d2904f5d977d21706ad2","datavalue":{"value":"mixed strategy","type":"string"},"datatype":"string"},"type":"statement","id":"Q2201693$D2E82BA0-ABDE-4BB7-83A1-347DD4ADD182","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"75f7fe19f725521885c5a40b8a361664ab1a2991","datavalue":{"value":"efficiency","type":"string"},"datatype":"string"},"type":"statement","id":"Q2201693$7201E429-9C91-48C1-A578-2425D16FFF59","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"b11a803b6c937e44a8b7b10b8fb979c141bd8c35","datavalue":{"value":"incentive compatibility","type":"string"},"datatype":"string"},"type":"statement","id":"Q2201693$7BE3AEF6-AF63-47B9-854A-1A12FCCB2FE2","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"ff03664a7ed82881c29354c7f8d40dc6fb94a126","datavalue":{"value":"Wald's maxmin preferences.","type":"string"},"datatype":"string"},"type":"statement","id":"Q2201693$ADB15787-552A-4F9D-84DA-166D1347CCE2","rank":"normal"}],"P1447":[{"mainsnak":{"snaktype":"value","property":"P1447","hash":"fa21ecaacc12bb0bcfd72d633203cf00d6d5bc64","datavalue":{"value":{"entity-type":"item","numeric-id":166348,"id":"Q166348"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$FD77E347-5D81-4214-8E7D-8A50E90D3772","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":"Q2201693$40FAAF26-5D31-4E1A-A4D7-53831AA15F8C","rank":"normal"}],"P205":[{"mainsnak":{"snaktype":"value","property":"P205","hash":"122158bb9a40c1d5e366b9e60c8a79e595900506","datavalue":{"value":"https://doi.org/10.1016/j.jmateco.2020.05.004","type":"string"},"datatype":"url"},"type":"statement","id":"Q2201693$57F430E4-F091-453E-BA28-C7AA48E2AC0C","rank":"normal"}],"P388":[{"mainsnak":{"snaktype":"value","property":"P388","hash":"9faf4537ee6659c42292ec2c9b2dfee0c2d69ed0","datavalue":{"value":"W3026971019","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2201693$D61E001A-FE54-4255-957C-88F997C5A552","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"bef92ca64ac3556002606e9778f34787e4b7c340","datavalue":{"value":{"entity-type":"item","numeric-id":2351710,"id":"Q2351710"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$7E7463FF-3D02-4CBA-8C17-7459A9320D4D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"6936556ff3c1d452de0d50e05259ecfc86703429","datavalue":{"value":{"entity-type":"item","numeric-id":4615891,"id":"Q4615891"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$CFDA31DC-6451-441C-AD7C-322AF9BD0EF6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"560b9e9cb95b9431192137b732593c9954beb3c9","datavalue":{"value":{"entity-type":"item","numeric-id":522998,"id":"Q522998"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$9DB17EC3-F131-4692-A5B9-57526B7707AE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"f86d7025898ab20acfbd622618cb6dd152a07976","datavalue":{"value":{"entity-type":"item","numeric-id":514494,"id":"Q514494"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$A6B7C02A-7BFB-4586-AB97-9CB36F4F581C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"413fde4bf34603c0150c0fe1bd4e96188ec151bd","datavalue":{"value":{"entity-type":"item","numeric-id":2174171,"id":"Q2174171"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$90903DA8-D722-4B26-ADC7-EFEE8F640C66","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"11a1706e3dee72072ced8d958be290d4ebf13c56","datavalue":{"value":{"entity-type":"item","numeric-id":1622382,"id":"Q1622382"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$0542E140-6F4D-443D-80FB-55BDAD3BD41A","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"7d8fe2fe469d14364526c29c3f3800fef48b4409","datavalue":{"value":{"entity-type":"item","numeric-id":641827,"id":"Q641827"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$70BE67CE-7E0E-44DE-BE22-5A89D828B4DE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"06e458f46eb967ea13678eec30cf3528fc407bf1","datavalue":{"value":{"entity-type":"item","numeric-id":1122462,"id":"Q1122462"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$C8F05F56-A030-4977-9C82-03E829D6FA92","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"0da2441f8aa04653f161bd59ce7c96c76f3e2e8d","datavalue":{"value":{"entity-type":"item","numeric-id":5953032,"id":"Q5953032"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$08643BA2-892B-469D-82EC-B842219B7CB2","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"722569efa4b72bd585e0d933b3319aa3c5e931d4","datavalue":{"value":{"entity-type":"item","numeric-id":1404136,"id":"Q1404136"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$18A8D0DD-521F-47BC-8D08-8EE204361A13","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"e8f0d1eb76a5c000176acc8da96bbd0b56f838a7","datavalue":{"value":{"entity-type":"item","numeric-id":3670860,"id":"Q3670860"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$665879C1-A635-4AB4-B6FA-32AA239B5E5F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"e16c09b8f61a93c1561a9a3fb64eace3f1d75be2","datavalue":{"value":{"entity-type":"item","numeric-id":4992121,"id":"Q4992121"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$82E00C94-B6C1-4B76-8EF5-E1A4F267D625","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"a630b907a018e5134171ae1c14a801491382453d","datavalue":{"value":{"entity-type":"item","numeric-id":345200,"id":"Q345200"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$97D856A8-678E-45E1-BBEF-8AA3F4D1C5FD","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"ef20d0df132a31ef03a4765db095ceaf1ecf5960","datavalue":{"value":{"entity-type":"item","numeric-id":2175958,"id":"Q2175958"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$E596AD93-2B35-45D8-AAB5-781558D4EA42","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"5708cde8123c9cebd036b7bf891d003f062fbda0","datavalue":{"value":{"entity-type":"item","numeric-id":4184582,"id":"Q4184582"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$84DD6F41-F4A7-4329-8177-61F12C1DD841","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"dd7bd5b3e1e9a3d9b6120871163bc4a41e21b9c4","datavalue":{"value":{"entity-type":"item","numeric-id":2308791,"id":"Q2308791"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$66ABE6D5-C699-42AD-B233-E10E2A63168B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"d8f8cca2fe7a12f8bd5c5766fcc8653a78336d33","datavalue":{"value":{"entity-type":"item","numeric-id":3347580,"id":"Q3347580"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$FA11BBFF-D02B-4792-B6F1-FFD1854B6D26","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"28a2e374589a1d0bace575e136336a728ee4f445","datavalue":{"value":{"entity-type":"item","numeric-id":2373772,"id":"Q2373772"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$B19154EF-4DA8-4B8C-AF1E-0D83AAD0C9E9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"384bcc19ab87b906a38611d8ca6a57febf44a334","datavalue":{"value":{"entity-type":"item","numeric-id":926232,"id":"Q926232"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2201693$733333FA-8B04-4DA0-BACD-94A84C63CBFA","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"8d6fe359831792373d735f31d476112abb86edf5","datavalue":{"value":"10.1016/J.JMATECO.2020.05.004","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2201693$3B1D2454-2A76-441D-A65B-2C39D55228EE","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"666357402080ecd194a8a6cda3e58deafeb0bd97","datavalue":{"value":{"entity-type":"item","numeric-id":2143904,"id":"Q2143904"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"4b052cf40a0f246e90e26c8f6b887d475710aaa6","datavalue":{"value":{"amount":"+0.8054177165031433","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":"Q2201693$9074215B-7CF3-4372-9F84-F45910432327","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"a4f931a1ed23a20b0e8ad175199fd24ec5949c9e","datavalue":{"value":{"entity-type":"item","numeric-id":1622382,"id":"Q1622382"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"92323e4cb9caabf7eaed3a6206e9bd9b03d72e54","datavalue":{"value":{"amount":"+0.804890513420105","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2201693$EA7598DA-E4EB-4399-A9A6-59C5DBD8C945","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"92e9c635ee1b8bed23eb738f0da0c4555fa8b19a","datavalue":{"value":{"entity-type":"item","numeric-id":522998,"id":"Q522998"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"ec6e6d4e658c411a35cabdc62c171d7bd081ec7a","datavalue":{"value":{"amount":"+0.792012631893158","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":"Q2201693$66DCAD9A-479C-4120-BF54-748EB6800F14","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"b906a67c8cc82405cddc45c5e08a3004e25b82db","datavalue":{"value":{"entity-type":"item","numeric-id":900418,"id":"Q900418"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"a74d4e4464b66fe7c6df843bca3b8bff3c1bee87","datavalue":{"value":{"amount":"+0.7778267860412598","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2201693$A3E4EA2E-E06F-47F3-8C09-6678AC2A5864","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"a91ebd639ea360dc6f925aca458fe7ceb9654cab","datavalue":{"value":{"entity-type":"item","numeric-id":2351710,"id":"Q2351710"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"ca9ce290a70096eb8386cd987d373f46bb446e35","datavalue":{"value":{"amount":"+0.7745542526245117","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":"Q2201693$579547D7-985F-49E7-AB75-FDFC09EC9941","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Publication:2201693","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/Publication:2201693"}}}}}