Incomplete Information and Multiple Machine Queueing Problems
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.
|Date of creation:||Mar 2001|
|Date of revision:|
|Contact details of provider:|| Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany|
Fax: +49 228 73 6884
Web page: http://www.bgse.uni-bonn.de
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Groves, Theodore & Loeb, Martin, 1975.
"Incentives and public inputs,"
Journal of Public Economics,
Elsevier, vol. 4(3), pages 211-226, August.
- Curiel, Imma & Pederzoli, Giorgio & Tijs, Stef, 1989. "Sequencing games," European Journal of Operational Research, Elsevier, vol. 40(3), pages 344-351, June.
- van den Nouweland, Anne & Krabbenborg, Marc & Potters, Jos, 1992. "Flow-shops with a dominant machine," European Journal of Operational Research, Elsevier, vol. 62(1), pages 38-46, October.
- Jeroen Suijs, 1996. "On incentive compatibility and budget balancedness in public decision making," Review of Economic Design, Springer, vol. 2(1), pages 193-209, December.
- Liqun Liu & Guoqiang Tian, 1999. "A characterization of the existenceof optimal dominant strategy mechanisms," Review of Economic Design, Springer, vol. 4(3), pages 205-218.
- M. L. Smith & S. S. Panwalkar & R. A. Dudek, 1975. "Flowshop Sequencing Problem with Ordered Processing Time Matrices," Management Science, INFORMS, vol. 21(5), pages 544-549, January.
- 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.
- Tian, Guoqiang, 1996. "On the existence of optimal truth-dominant mechanisms," Economics Letters, Elsevier, vol. 53(1), pages 17-24, October.
- Manipushpak Mitra, 2001.
"Mechanism design in queueing problems,"
Springer, vol. 17(2), pages 277-305.
- Manipushpak Mitra, 2000. "Mechanism Design in Queueing Problems," Econometric Society World Congress 2000 Contributed Papers 1301, Econometric Society.
- Theodore Groves & John O. Ledyard, 1976.
"Some Limitations of Demand Revealing Processes,"
219, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Hamers, Herbert & Klijn, Flip & Suijs, Jeroen, 1999. "On the balancedness of multiple machine sequencing games," European Journal of Operational Research, Elsevier, vol. 119(3), pages 678-691, December.
- Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July.
- Curiel, I. & Pederzoli, G. & Tijs, S.H., 1989. "Sequencing games," Other publications TiSEM cd695be5-0f54-4548-a952-2, Tilburg University, School of Economics and Management.
- Holmstrom, Bengt, 1979. "Groves' Scheme on Restricted Domains," Econometrica, Econometric Society, vol. 47(5), pages 1137-44, September.
When requesting a correction, please mention this item's handle: RePEc:bon:bonedp:bgse19_2001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (BGSE Office)
If references are entirely missing, you can add them using this form.