Efficiency and Budget Balance

DOI10.1007/978-3-662-54110-4_26MaRDI QIDQ2959843zbMATH OpenOpenAlexFDO

Authors Swaprava Nath, Tuomas Sandholm

Publication date 10 February 2017

Published in Web and Internet Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/978-3-662-54110-4_26

zbMATH Keywords

strategyproof budget-balanced mechanisms

Mathematics Subject Classification ID

Software, source code, etc. for problems pertaining to game theory, economics, and finance (91-04) Decision theory (91B06)

Recommendations

• Efficiency and the Value of Money
• Budget balance, fairness, and minimal manipulability
• Efficiency and budget balance in general quasi-linear domains
• Budget-balancing incentive mechanisms
• Efficiency of flexible budgetary institutions
• Improving cost efficiency by resource allocation
• A simple budget-balanced mechanism
• CONSUMPTION (IN)EFFICIENCY AND FINANCIAL ACCOUNT MANAGEMENT

Cites work

• Almost budget-balanced VCG mechanisms to assign multiple objects
• Automated mechanism design: a new application area for search algorithms
• Better redistribution with inefficient allocation in multi-unit auctions
• Characterization of Revenue Equivalence
• Efficiency and Budget Balance
• Eigentaste: A constant time collaborative filtering algorithm
• scientific article; zbMATH DE number 3650233 (Why is no real title available?)
• Incentives in Teams
• Mix and match: a strategyproof mechanism for multi-hospital kidney exchange
• On cost sharing in the provision of a binary and excludable public good
• Optimal-in-expectation redistribution mechanisms
• Quantifying inefficiency in cost-sharing mechanisms
• Redistribution mechanisms for assignment of heterogeneous objects
• Roberts' theorem with neutrality: a social welfare ordering approach
• Strategyproof sharing of submodular costs: budget balance versus efficiency
• Thirteen Reasons Why the Vickrey-Clarke-Groves Process Is Not Practical
• Truthful randomized mechanisms for combinatorial auctions
• Worst-case optimal redistribution of VCG payments in multi-unit auctions

Cited in

(9)

• A simple budget-balanced mechanism
• Efficiency and budget balance in general quasi-linear domains
• Optimal budget-balanced ranking mechanisms to assign identical objects
• Efficiency and Budget Balance
• Efficiency and the Value of Money
• Budget balance, fairness, and minimal manipulability
• CONSUMPTION (IN)EFFICIENCY AND FINANCIAL ACCOUNT MANAGEMENT
• Sustainable budgeting and financial balance: which lever will you pull?
• Individually rational, budget-balanced mechanisms and allocation of surplus

Describes a project that uses

Uses Software

• Gurobi
• Eigentaste
• MovieLens

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