Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1925
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dc.creatorPérez-Castrillo, David-
dc.creatorWettstein, David-
dc.date2007-11-06T11:26:07Z-
dc.date2007-11-06T11:26:07Z-
dc.date2000-11-10-
dc.date.accessioned2017-01-31T00:58:11Z-
dc.date.available2017-01-31T00:58:11Z-
dc.identifierhttp://hdl.handle.net/10261/1925-
dc.identifier.urihttp://dspace.mediu.edu.my:8181/xmlui/handle/10261/1925-
dc.descriptionWe analyze situations in which a group of agents (and possibly a designer) have to reach a decision that will affect all the agents. Examples of such scenarios are the location of a nuclear reactor or the siting of a major sport event. To address the problem of reaching a decision, we propose a one-stage multi-bidding mechanism where agents compete for the project by submitting bids. All Nash equilibria of this mechanism are efficient. Moreover, the payoffs attained in equilibrium by the agents satisfy intuitively appealing lower bounds.-
dc.descriptionPérez-Castrillo gratefully acknowledges financial support from the DGES PB97-018 and SGR96-75.-
dc.languageeng-
dc.relationUFAE and IAE Working Papers-
dc.relation463.00-
dc.rightsopenAccess-
dc.subjectExternalities-
dc.subjectBidding-
dc.subjectImplementation-
dc.titleIn whose backyard? A generalized bidding approach-
dc.typeDocumento de trabajo-
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