Operational Research: methods and applications
Abstract Throughout its history, Operational Research has evolved to include methods,
models and algorithms that have been applied to a wide range of contexts. This …
models and algorithms that have been applied to a wide range of contexts. This …
When are local incentive constraints sufficient?
G Carroll - Econometrica, 2012 - Wiley Online Library
We study the question of whether local incentive constraints are sufficient to imply full
incentive compatibility in a variety of mechanism design settings, allowing for probabilistic …
incentive compatibility in a variety of mechanism design settings, allowing for probabilistic …
Strategy-proof and non-wasteful multi-unit auction via social network
Auctions via social network, pioneered by Li et al.(2017), have been attracting considerable
attention in the literature of mechanism design for auctions. However, no known mechanism …
attention in the literature of mechanism design for auctions. However, no known mechanism …
The implementation duality
G Nöldeke, L Samuelson - Econometrica, 2018 - Wiley Online Library
Conjugate duality relationships are pervasive in matching and implementation problems
and provide much of the structure essential for characterizing stable matches and …
and provide much of the structure essential for characterizing stable matches and …
Strategy-proof Pareto-improvement
We consider a model where each agent has an outside option of privately known value. At a
given allocation, we call the set of agents who do not exercise their outside options the …
given allocation, we call the set of agents who do not exercise their outside options the …
Revisiting the foundations of dominant-strategy mechanisms
An important question in mechanism design is whether there is any theoretical foundation
for the use of dominant-strategy mechanisms. This paper studies the maxmin and Bayesian …
for the use of dominant-strategy mechanisms. This paper studies the maxmin and Bayesian …
Vertical contracting with informational opportunism
We consider vertical contracting arrangements between a manufacturer and a retailing
network when retailers have private information and the organization is run through bilateral …
network when retailers have private information and the organization is run through bilateral …
Monotonicity and implementability
Consider an environment with a finite number of alternatives, and agents with private values
and quasilinear utility functions. A domain of valuation functions for an agent is a …
and quasilinear utility functions. A domain of valuation functions for an agent is a …
Strategy-proofness, investment efficiency, and marginal returns: An equivalence
Drawing on classical insights from mechanism design, we show that ex post efficient
mechanisms induce agents to make efficient ex ante investment choices if and only if they …
mechanisms induce agents to make efficient ex ante investment choices if and only if they …
Mechanism design without revenue equivalence
We study mechanism design problems in quasi-linear environments where the envelope
theorem and revenue equivalence principle fail due to non-convex and non-differentiable …
theorem and revenue equivalence principle fail due to non-convex and non-differentiable …