A characterization of the existenceof optimal dominant strategy mechanisms
A characterization of the existenceof optimal dominant strategy mechanisms
复制标题
最优占优策略机制存在性的表征
DOI:
10.1007/s100580050034
复制
发表时间:
1999
影响因子:
0.7
通讯作者:
Guoqiang Tian
中科院分区:
文献类型:
--
作者:
Liqun Liu;Guoqiang Tian
This paper provides two theorems which characterize the domains of valuation functions for which there exist Pareto efficient and truth dominant strategy mechanisms (balanced Groves mechanisms). Theorem 1 characterizes the existence of balanced Groves mechanisms for a general class of valuation functions. Theorem 2 provides new balance-permitting domains of valuation functions by reducing the problem of solving partial differential equations to the problem of solving a polynomial function. It shows that a balanced Groves mechanism exists if and only if each valuation function in the family under consideration can be obtained by solving a polynomial function with order less than, wherenis the number of individuals.