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Incomplete information and multiple machine queueing problems

  • Mitra, Manipushpak

In mechanism design problems under incomplete information, it is generally difficult to find decision problems that are first best implementable. A decision problem under incomplete information is first best implementable if there exists a mechanism that extracts the private information and achieves efficiency with a transfer scheme that adds up to zero in every state. One such problem is the queueing problem with one machine. In this paper we identify the conditions on cost structure for which queueing problems with multiple machines are first best implementable.

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File URL: http://www.sciencedirect.com/science/article/B6VCT-4C0V8C5-4/2/93a77bd0078846b431a24124a4a55602
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Article provided by Elsevier in its journal European Journal of Operational Research.

Volume (Year): 165 (2005)
Issue (Month): 1 (August)
Pages: 251-266

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Handle: RePEc:eee:ejores:v:165:y:2005:i:1:p:251-266
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