أعرض تسجيلة المادة بشكل مبسط

dc.creator Pérez-Castrillo, David
dc.creator Wettstein, David
dc.date 2007-11-06T11:26:07Z
dc.date 2007-11-06T11:26:07Z
dc.date 2000-11-10
dc.date.accessioned 2017-01-31T00:58:11Z
dc.date.available 2017-01-31T00:58:11Z
dc.identifier http://hdl.handle.net/10261/1925
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1925
dc.description We 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.description Pérez-Castrillo gratefully acknowledges financial support from the DGES PB97-018 and SGR96-75.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 463.00
dc.rights openAccess
dc.subject Externalities
dc.subject Bidding
dc.subject Implementation
dc.title In whose backyard? A generalized bidding approach
dc.type Documento de trabajo


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أعرض تسجيلة المادة بشكل مبسط