IDEAS home Printed from https://ideas.repec.org/a/spr/sochwe/v60y2023i1d10.1007_s00355-020-01306-7.html
   My bibliography  Save this article

Balanced VCG mechanisms for sequencing problems

Author

Listed:
  • Youngsub Chun

    (Seoul National University)

  • Manipushpak Mitra

    (Indian Statistical Institute)

  • Suresh Mutuswami

    (University of Leicester)

Abstract

For sequencing problems, we identify the set of all mechanisms satisfying queue efficiency, strategy-proofness and budget balance. Such mechanisms are balanced VCG (or B-VCG) mechanisms up to an agent specific function that does not depend on the waiting cost of a concerned agent and for each problem these agent specific constants must add up to zero. The B-VCG mechanism is a generalization of the symmetrically balanced VCG mechanism analyzed in the queueing context. However, unlike its queueing counterpart, it fails to satisfy even the basic fairness requirement of equal treatment of equals.

Suggested Citation

  • Youngsub Chun & Manipushpak Mitra & Suresh Mutuswami, 2023. "Balanced VCG mechanisms for sequencing problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 60(1), pages 35-46, January.
    • Handle: RePEc:spr:sochwe:v:60:y:2023:i:1:d:10.1007_s00355-020-01306-7
    DOI: 10.1007/s00355-020-01306-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s00355-020-01306-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s00355-020-01306-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Chun, Youngsub & Yengin, Duygu, 2017. "Welfare lower bounds and strategy-proofness in the queueing problem," Games and Economic Behavior, Elsevier, vol. 102(C), pages 462-476.
    2. 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.
    3. Maniquet, Francois, 2003. "A characterization of the Shapley value in queueing problems," Journal of Economic Theory, Elsevier, vol. 109(1), pages 90-103, March.
    4. Hain, Roland & Mitra, Manipushpak, 2004. "Simple sequencing problems with interdependent costs," Games and Economic Behavior, Elsevier, vol. 48(2), pages 271-291, August.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. Satterthwaite, Mark Allen, 1975. "Strategy-proofness and Arrow's conditions: Existence and correspondence theorems for voting procedures and social welfare functions," Journal of Economic Theory, Elsevier, vol. 10(2), pages 187-217, April.
    10. Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
    11. De, Parikshit & Mitra, Manipushpak, 2019. "Balanced implementability of sequencing rules," Games and Economic Behavior, Elsevier, vol. 118(C), pages 342-353.
    12. Elisha A. Pazner & David Schmeidler, 1978. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(4), pages 671-687.
    13. 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.
    14. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, March.
    15. Mitra, Manipushpak & Mutuswami, Suresh, 2011. "Group strategyproofness in queueing models," Games and Economic Behavior, Elsevier, vol. 72(1), pages 242-254, May.
    16. Hurwicz, Leonid & Walker, Mark, 1990. "On the Generic Nonoptimality of Dominant-Strategy Allocation Mechanisms: A General Theorem That Includes Pure Exchange Economies," Econometrica, Econometric Society, vol. 58(3), pages 683-704, May.
    17. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
    18. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July.
    19. Robert J. Dolan, 1978. "Incentive Mechanisms for Priority Queuing Problems," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 421-436, Autumn.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Youngsub Chun & Manipushpak Mitra & Suresh Mutuswami, 2019. "Recent developments in the queueing problem," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 27(1), pages 1-23, April.
    2. Banerjee, Sreoshi & De, Parikshit & Mitra, Manipushpak, 2020. "A welfarist approach to sequencing problems with incentives," MPRA Paper 107188, University Library of Munich, Germany.
    3. 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.
    4. Chun, Youngsub & Mitra, Manipushpak, 2014. "Subgroup additivity in the queueing problem," European Journal of Operational Research, Elsevier, vol. 238(1), pages 281-289.
    5. 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.
    6. Yengin, Duygu & Chun, Youngsub, 2020. "No-envy, solidarity, and strategy-proofness in the queueing problem," Journal of Mathematical Economics, Elsevier, vol. 88(C), pages 87-97.
    7. Chun, Youngsub & Yengin, Duygu, 2017. "Welfare lower bounds and strategy-proofness in the queueing problem," Games and Economic Behavior, Elsevier, vol. 102(C), pages 462-476.
    8. 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.
    9. Duygu Yengin, 2017. "No-envy and egalitarian-equivalence under multi-object-demand for heterogeneous objects," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(1), pages 81-108, January.
    10. Dominik Kress & Sebastian Meiswinkel & Erwin Pesch, 2018. "Mechanism design for machine scheduling problems: classification and literature overview," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 40(3), pages 583-611, July.
    11. De, Parikshit, 2013. "Incentive and normative analysis on sequencing problem," MPRA Paper 55127, University Library of Munich, Germany.
    12. Youngsub Chun & Manipushpak Mitra & Suresh Mutuswami, 2014. "Egalitarian equivalence and strategyproofness in the queueing problem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 56(2), pages 425-442, June.
    13. Banerjee, Sreoshi, 2023. "Stability and fairness in sequencing games: optimistic approach and pessimistic scenarios," MPRA Paper 118680, University Library of Munich, Germany.
    14. 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.
    15. Yi, Jianxin & Li, Yong, 2016. "A general impossibility theorem and its application to individual rights," Mathematical Social Sciences, Elsevier, vol. 81(C), pages 79-86.
    16. 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.
    17. De, Parikshit, 2014. "Rawlsian Allocation In Queueing And Sequencing Problem," MPRA Paper 58744, University Library of Munich, Germany.
    18. De, Parikshit & Mitra, Manipushpak, 2019. "Balanced implementability of sequencing rules," Games and Economic Behavior, Elsevier, vol. 118(C), pages 342-353.
    19. Mitra, Manipushpak & Mutuswami, Suresh, 2011. "Group strategyproofness in queueing models," Games and Economic Behavior, Elsevier, vol. 72(1), pages 242-254, May.
    20. Chun, Youngsub & Mitra, Manipushpak & Mutuswami, Suresh, 2014. "Characterizations of pivotal mechanisms in the queueing problem," Mathematical Social Sciences, Elsevier, vol. 72(C), pages 62-66.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:60:y:2023:i:1:d:10.1007_s00355-020-01306-7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.