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Achieving the first best in sequencing problems

Author

Listed:
  • Manipushpak Mitra

    () (Department of Economics, University of Bonn, Adenauerallee 24-26, 53113 Bonn, Germany)

Abstract

In a sequencing problem with linear time cost, Suijs (1996) proved that it is possible to achieve first best. By first best we mean that one can find mechanisms that satisfy efficiency of decision, dominant strategy incentive compatibility and budget balancedness. In this paper we show that among a more general and natural class of sequencing problems, sequencing problems with linear cost is the only class for which first best can be achieved.

Suggested Citation

  • Manipushpak Mitra, 2002. "Achieving the first best in sequencing problems," Review of Economic Design, Springer;Society for Economic Design, vol. 7(1), pages 75-91.
  • Handle: RePEc:spr:reecde:v:7:y:2002:i:1:p:75-91
    Note: Received: 2 December 1999/Accepted: 9 May 2001
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    Citations

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    Cited by:

    1. Conan Mukherjee, 2013. "Weak group strategy-proof and queue-efficient mechanisms for the queueing problem with multiple machines," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(1), pages 131-163, February.
    2. Ju, Yuan & Chun, Youngsub & van den Brink, René, 2014. "Auctioning and selling positions: A non-cooperative approach to queueing conflicts," Journal of Economic Theory, Elsevier, vol. 153(C), pages 33-45.
    3. Kazuhiko Hashimoto & Hiroki Saitoh, 2008. "Strategy-Proof and Anonymous Rule in Queueing Problems: A Relationship between Equity and Efficiency," Discussion Papers in Economics and Business 08-17, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
    4. 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.
    5. Hain, Roland & Mitra, Manipushpak, 2004. "Simple sequencing problems with interdependent costs," Games and Economic Behavior, Elsevier, vol. 48(2), pages 271-291, August.
    6. Parikshit De & Manipushpak Mitra, 2017. "Incentives and justice for sequencing problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(2), pages 239-264, August.
    7. Mitra, Manipushpak & Mutuswami, Suresh, 2011. "Group strategyproofness in queueing models," Games and Economic Behavior, Elsevier, vol. 72(1), pages 242-254, May.
    8. Moulin, Hervé, 2008. "Proportional scheduling, split-proofness, and merge-proofness," Games and Economic Behavior, Elsevier, vol. 63(2), pages 567-587, July.
    9. Hervé Moulin, 2007. "On Scheduling Fees to Prevent Merging, Splitting, and Transferring of Jobs," Mathematics of Operations Research, INFORMS, vol. 32(2), pages 266-283, May.
    10. Chun, Youngsub, 2006. "A pessimistic approach to the queueing problem," Mathematical Social Sciences, Elsevier, vol. 51(2), pages 171-181, March.
    11. Alex Gershkov & Paul Schweinzer, 2010. "When queueing is better than push and shove," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 409-430, July.
    12. 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.
    13. Moulin, Herve, 2005. "Split-Proof Probabilistic Scheduling," Working Papers 2004-06, Rice University, Department of Economics.
    14. Chun, Youngsub & Mitra, Manipushpak, 2014. "Subgroup additivity in the queueing problem," European Journal of Operational Research, Elsevier, vol. 238(1), pages 281-289.
    15. repec:eee:matsoc:v:90:y:2017:i:c:p:73-79 is not listed on IDEAS
    16. Debasis Mishra & Bharath Rangarajan, 2007. "Cost sharing in a job scheduling problem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 29(3), pages 369-382, October.
    17. De, Parikshit, 2014. "Rawlsian Allocation In Queueing And Sequencing Problem," MPRA Paper 58744, University Library of Munich, Germany.
    18. Youngsub Chun, 2011. "Consistency and monotonicity in sequencing problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(1), pages 29-41, February.
    19. René Brink & Youngsub Chun, 2012. "Balanced consistency and balanced cost reduction for sequencing problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(3), pages 519-529, March.
    20. De, Parikshit, 2013. "Incentive and normative analysis on sequencing problem," MPRA Paper 55127, University Library of Munich, Germany.

    More about this item

    Keywords

    Sequencing problems; dominant strategy; incentive compatibility; efficiency; budget balancedness;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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