On the informational size of message spaces

DOI10.1016/0022-0531(77)90111-9MaRDI QIDQ1248451zbMATH OpenOpenAlexFDO

Authors Mark Walker

Publication date 1977

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.kellogg.northwestern.edu/research/math/papers/168.pdf

Mathematics Subject Classification ID

Trade models (91B60)

Cited in

(12)

• The competitive allocation process is informationally efficient uniquely
• On the informational size of message spaces for resource allocation processes
• On the size of the message space under non-convexities
• A solution to the problem of consumption externalities.
• An infinite dimensional extension of the theory of decentralized mechanisms
• The communication requirements of efficient allocations and supporting prices
• A method for constructing message systems for smooth performance functions
• The unique informational efficiency of the competitive mechanism in economies with production
• Network mechanisms, informational efficiency, and hierarchies
• On informational efficiency and incentive aspects of generalized ratio equilibria
• Incentive compatibility and informational requirements
• Discrete allocation mechanisms: Dimensional requirements for resource- allocation mechanisms when desired outcomes are unbounded

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