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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. Shigehiro Serizawa, 2006. "Pairwise Strategy-Proofness and Self-Enforcing Manipulation," Social Choice and Welfare, Springer, vol. 26(2), pages 305-331, April.
    2. Elisha A. Pazner & David Schmeidler, 1975. "Egalitarian Equivalent Allocations: A New Concept of Economic Equity," Discussion Papers 174, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July.
    4. Manipushpak Mitra, 2001. "Mechanism design in queueing problems," Economic Theory, Springer, vol. 17(2), pages 277-305.
    5. 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.
    6. Youngsub Chun & Manipushpak Mitra & Suresh Mutuswami, 2013. "Egalitarian Equivalence And Strategyproofness In The Queueing Problem," Discussion Papers in Economics 13/16, Department of Economics, University of Leicester.
    7. Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
    8. Curiel, Imma & Pederzoli, Giorgio & Tijs, Stef, 1989. "Sequencing games," European Journal of Operational Research, Elsevier, vol. 40(3), pages 344-351, June.
    9. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, 03.
    10. 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.
    11. Holmstrom, Bengt, 1979. "Groves' Scheme on Restricted Domains," Econometrica, Econometric Society, vol. 47(5), pages 1137-44, September.
    12. Manipushpak Mitra, 2002. "Achieving the first best in sequencing problems," Review of Economic Design, Springer, vol. 7(1), pages 75-91.
    13. Youngsub Chun, 2006. "No-envy in queueing problems," Economic Theory, Springer, vol. 29(1), pages 151-162, September.
    14. Manipushpak Mitra & Suresh Mutuswami, 2006. "Group Strategyproofness in Queueing Models," Economics Discussion Papers 610, University of Essex, Department of Economics.
    15. Mutuswami, Suresh, 2005. "Strategyproofness, Non-Bossiness and Group Strategyproofness in a cost sharing model," Economics Letters, Elsevier, vol. 89(1), pages 83-88, October.
    16. Maniquet, Francois, 2003. "A characterization of the Shapley value in queueing problems," Journal of Economic Theory, Elsevier, vol. 109(1), pages 90-103, March.
    17. 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.
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