Optimal mechanism design when both allocative inefficiency and expenditure inefficiency matter

DOI10.1016/J.JMATECO.2011.09.002zbMATH Open1231.91007OpenAlexW2139796853MaRDI QIDQ660091FDOQ660091

Authors: Kiho Yoon 

Publication date: 25 January 2012

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2011.09.002

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zbMATH Keywords

mechanismrandom assignmentexpenditure inefficiencyrank-order ruleswinner-take-all assignment

Mathematics Subject Classification ID

(n)-person games, (n>2) (91A06) Matching models (91B68)

Cites Work

• Stochastic orders
• Asymmetric all-pay auctions with incomplete information: The two-player case
• Log-concave probability and its applications
• The Theory of Assortative Matching Based on Costly Signals
• Optimal Auction Design
• A new solution to the random assignment problem.
• Title not available (Why is that?)
• Optimal allocation without transfer payments
• Title not available (Why is that?)
• Title not available (Why is that?)
• Competing auctions with endogenous quantities
• Lottery rather than waiting-line auction
• Expected revenue of all-pay and first-price sealed-bid auctions with affiliated signals
• Inequalities for Linear Combinations of Order Statistics from Restricted Families

Cited In (10)

• Ex-ante welfare superiority of the Boston mechanism over the deferred acceptance mechanism
• What money can't buy: efficient mechanism design with costly signals
• Redistribution through markets
• A model of access in the absence of markets
• An experimental study of voting with costly delay
• Efficient voting with penalties
• Delegation and nonmonetary incentives
• Welfare maximizing allocation without transfers
• Mechanism design with general ex-ante investments
• Collusive communication schemes in a first-price auction

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