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Incentive and normative analysis on sequencing problem

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  • De, Parikshit

Abstract

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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  • De, Parikshit, 2013. "Incentive and normative analysis on sequencing problem," MPRA Paper 55127, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:55127
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    References listed on IDEAS

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    Cited by:

    1. De, Parikshit, 2014. "Rawlsian Allocation In Queueing And Sequencing Problem," MPRA Paper 58744, University Library of Munich, Germany.

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    More about this item

    Keywords

    Sequencing problems; Strategyproofness; Egalitarian equivalence; Identical preference lower bound;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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