On the Uniqueness of Dynamic Groves Mechanisms
This paper defines the class of dynamic Groves mechanisms, and examines necessary and sufficient conditions for the uniqueness of dynamic Groves mechanisms. Our approach is to appropriately define the total reward function, which is a dynamic counterpart of the valuation function, and then to port the results for static Groves mechanisms to the dynamic setting.
|Date of creation:||2015|
|Contact details of provider:|| Postal: 1-5-Ga, Anam-dong, Sung buk-ku, Seoul, 136-701|
Fax: (82-2) 928-4948
Web page: http://econ.korea.ac.kr/~ri
More information through EDIRC
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.:
- Dirk Bergemann & Juuso Valimaki, 2008.
"The Dynamic Pivot Mechanism,"
Cowles Foundation Discussion Papers
1672R, Cowles Foundation for Research in Economics, Yale University, revised Dec 2009.
- Dirk Bergemann & Juuso Valimaki, 2008. "The Dynamic Pivot Mechanism," Cowles Foundation Discussion Papers 1672, Cowles Foundation for Research in Economics, Yale University.
- Dirk Bergemann & Juuso Välimäki, 2008. "The Dynamic Pivot Mechanism," Levine's Working Paper Archive 122247000000002340, David K. Levine.
- Green, Jerry & Laffont, Jean-Jacques, 1977. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods," Econometrica, Econometric Society, vol. 45(2), pages 427-438, March.
- Yoon, Kiho, 2015.
"On budget balance of the dynamic pivot mechanism,"
Games and Economic Behavior,
Elsevier, vol. 94(C), pages 206-213.
- Susan Athey & Ilya Segal, 2013.
"An Efficient Dynamic Mechanism,"
Econometric Society, vol. 81(6), pages 2463-2485, November.
- Carbajal, Juan Carlos, 2010. "On the uniqueness of Groves mechanisms and the payoff equivalence principle," Games and Economic Behavior, Elsevier, vol. 68(2), pages 763-772, March.
When requesting a correction, please mention this item's handle: RePEc:iek:wpaper:1505. 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: (Kim, Jisoo)
If references are entirely missing, you can add them using this form.