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A characterization of the symmetrically balanced VCG rule in the queueing problem

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  • Chun, Youngsub
  • Mitra, Manipushpak
  • Mutuswami, Suresh

Abstract

We characterize the symmetrically balanced VCG rule in the queueing problem using the axioms of outcome efficiency, budget balance, equal treatment of equals, Pareto indifference, together with a weakening of strategy-proofness, upward-invariance.

Suggested Citation

  • Chun, Youngsub & Mitra, Manipushpak & Mutuswami, Suresh, 2019. "A characterization of the symmetrically balanced VCG rule in the queueing problem," Games and Economic Behavior, Elsevier, vol. 118(C), pages 486-490.
    • Handle: RePEc:eee:gamebe:v:118:y:2019:i:c:p:486-490
    DOI: 10.1016/j.geb.2015.04.001
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    References listed on IDEAS

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    1. Kazuhiko Hashimoto & Hiroki Saitoh, 2012. "Strategy-proof and anonymous rule in queueing problems: a relationship between equity and efficiency," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(3), pages 473-480, March.
    2. Maniquet, Francois, 2003. "A characterization of the Shapley value in queueing problems," Journal of Economic Theory, Elsevier, vol. 109(1), pages 90-103, March.
    3. KayI, Çagatay & Ramaekers, Eve, 2010. "Characterizations of Pareto-efficient, fair, and strategy-proof allocation rules in queueing problems," Games and Economic Behavior, Elsevier, vol. 68(1), pages 220-232, January.
    4. Chun, Youngsub, 2006. "A pessimistic approach to the queueing problem," Mathematical Social Sciences, Elsevier, vol. 51(2), pages 171-181, March.
    5. Jeroen Suijs, 1996. "On incentive compatibility and budget balancedness in public decision making," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 193-209, December.
    6. Youngsub Chun, 2006. "No-envy in queueing problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(1), pages 151-162, September.
    7. Mitra, Manipushpak & Mutuswami, Suresh, 2011. "Group strategyproofness in queueing models," Games and Economic Behavior, Elsevier, vol. 72(1), pages 242-254, May.
    8. Robert J. Dolan, 1978. "Incentive Mechanisms for Priority Queuing Problems," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 421-436, Autumn.
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    Citations

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    Cited by:

    1. Sambuddha Ghosh & Yan Long & Manipushpak Mitra, 2021. "Prior-free online mechanisms for queueing with arrivals," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(2), pages 671-700, September.
    2. Youngsub Chun & Manipushpak Mitra & Suresh Mutuswami, 2017. "Reordering an existing queue," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 49(1), pages 65-87, June.
    3. Van Essen, Matt & Wooders, John, 2021. "Allocating positions fairly: Auctions and Shapley value," Journal of Economic Theory, Elsevier, vol. 196(C).
    4. Yu Zhou & Youngsub Chun & Shigehiro Serizawa, 2022. "A characterization of the Vickrey rule in slot allocation problems," International Journal of Economic Theory, The International Society for Economic Theory, vol. 18(1), pages 38-49, March.

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    More about this item

    Keywords

    Queueing problem; Symmetrically balanced VCG rule; Axiomatic characterization; Simple proof;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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