Journal ArticleDOI
Strategy-proof allocation of fixed costs
James A. Dearden,Karl W. Einolf +1 more
TLDR
In this article, the authors characterize the entire class of mechanisms for the provision of the public good and its cost that are Pareto optimal among the set of strategy-proof, voluntarily-participatory, budget balancing, non-bossy, and replacement-monotonic mechanisms.Abstract:
An economy can produce and consume a fixed-cost excludable public good only if its members fully fund the cost of the good In this paper, we characterize the entire class of mechanisms for the provision of the public good and its cost that are Pareto optimal among the set of strategy-proof, voluntarily-participatory, budget-balancing, non-bossy, and replacement-monotonic mechanisms We demonstrate that this class of mechanisms is quite small and can be characterized as simple step-price mechanismsread more
Citations
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博弈论 : 矛盾冲突分析 = Game theory : analysis of conflict
Roger B. Myerson,剣平 費 +1 more
TL;DR: This chapter discusses Decision-Theoretic Foundations, Game Theory, Rationality, and Intelligence, and the Decision-Analytic Approach to Games, which aims to clarify the role of rationality in decision-making.
Journal ArticleDOI
Social Sharing of Information Goods: Implications for Pricing and Profits
TL;DR: The results suggest that a firm can benefit from increased social sharing if the level of sharing is already high, enabling a pricing strategy targeted primarily at sharing groups rather than individuals.
Journal ArticleDOI
Peer-to-Peer Sharing of Private Goods: Sellers' Response and Consumers' Benefits
TL;DR: In this article, the authors study how the presence of consumers' peer-to-peer sharing option in addition to exclusive ownership affects sellers' pricing and product design decisions, as well as consumers' benefits.
Posted Content
Relationships between Non-Bossiness and Nash Implementability
Hideki Mizukami,Takuma Wakayama +1 more
TL;DR: In this paper, the authors explore the relationship between non-bossiness and Nash implementability, and show that on weakly monotonically closed domains, nonbossiness together with individual monotonicity is a necessary condition for Nash implementation.
References
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Book
博弈论 : 矛盾冲突分析 = Game theory : analysis of conflict
Roger B. Myerson,剣平 費 +1 more
TL;DR: This chapter discusses Decision-Theoretic Foundations, Game Theory, Rationality, and Intelligence, and the Decision-Analytic Approach to Games, which aims to clarify the role of rationality in decision-making.
Journal ArticleDOI
Incentives in Teams
TL;DR: This paper analyzes the problem of inducing the members of an organization to behave as if they formed a team and exhibits a particular set of compensation rules, an optimal incentive structure, that leads to team behavior.
Book
Game Theory : Analysis of Conflict
TL;DR: In this article, the authors propose a game theoretic approach to games based on the Bayesian model and demonstrate the existence of Nash Equilibria and the Focal Point Effect.
Journal ArticleDOI
Manipulation of voting schemes: a general result
TL;DR: In this paper, it was shown that any non-dictatorial voting scheme with at least three possible outcomes is subject to individual manipulation, i.e., an individual can manipulate a voting scheme if, by misrepresenting his preferences, he secures an outcome he prefers to the "honest" outcome.
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