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Incentive and normative analysis on sequencing problem

  • De, Parikshit
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    We identify the complete class of transfer rules that guarantee strategyproofness of any non-increasing in completion time allocation rule for the sequencing problem. We then characterize the class of mechanisms satisfying efficiency of decision (or aggregate cost minimization), egalitarian equivalence and strategyproofness. There is no mechanism in this class that satisfies either feasibility or weak group strategyproofness. Finally we identify the restrictions under which egalitarian equivalence, efficiency of decision, identical preference lower bound and strategyproofness are compatible.

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    File URL: https://mpra.ub.uni-muenchen.de/55127/1/MPRA_paper_55127.pdf
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    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 55127.

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    Date of creation: 05 Jul 2013
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    Handle: RePEc:pra:mprapa:55127
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    1. Mitra, Manipushpak & Mutuswami, Suresh, 2011. "Group strategyproofness in queueing models," Games and Economic Behavior, Elsevier, vol. 72(1), pages 242-254, May.
    2. Shigehiro Serizawa, 2006. "Pairwise Strategy-Proofness and Self-Enforcing Manipulation," Social Choice and Welfare, Springer, vol. 26(2), pages 305-331, April.
    3. Youngsub Chun & Manipushpak Mitra & Suresh Mutuswami, 2014. "Egalitarian equivalence and strategyproofness in the queueing problem," Economic Theory, Springer, vol. 56(2), pages 425-442, June.
    4. Manipushpak Mitra, 2001. "Mechanism design in queueing problems," Economic Theory, Springer, vol. 17(2), pages 277-305.
    5. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July.
    6. Mutuswami, Suresh, 2005. "Strategyproofness, Non-Bossiness and Group Strategyproofness in a cost sharing model," Economics Letters, Elsevier, vol. 89(1), pages 83-88, October.
    7. Curiel, Imma & Pederzoli, Giorgio & Tijs, Stef, 1989. "Sequencing games," European Journal of Operational Research, Elsevier, vol. 40(3), pages 344-351, June.
    8. Holmstrom, Bengt, 1979. "Groves' Scheme on Restricted Domains," Econometrica, Econometric Society, vol. 47(5), pages 1137-44, September.
    9. Maniquet, F., 2000. "A Characterization of the Shapley Value in Queueing Problems," Papers 222, Notre-Dame de la Paix, Sciences Economiques et Sociales.
    10. Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
    11. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, 03.
    12. Manipushpak Mitra, 2002. "Achieving the first best in sequencing problems," Review of Economic Design, Springer, vol. 7(1), pages 75-91.
    13. 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.
    14. 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.
    15. Conan Mukherjee, 2013. "Weak group strategy-proof and queue-efficient mechanisms for the queueing problem with multiple machines," International Journal of Game Theory, Springer, vol. 42(1), pages 131-163, February.
    16. Elisha A. Pazner & David Schmeidler, 1978. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," The Quarterly Journal of Economics, Oxford University Press, vol. 92(4), pages 671-687.
    17. Youngsub Chun, 2006. "No-envy in queueing problems," Economic Theory, Springer, vol. 29(1), pages 151-162, September.
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