The Uniqueness of Dynamic Groves Mechanisms on Restricted Domains
제약적 정의역에서의 동태적 그로브즈 메카니즘의 유일성
- 주제(키워드) 그로브즈 메카니즘 , 동태적 메커니즘 디자인 , 사후적 유인정합성 , 결과 효율성 , Groves Mechanism , Dynamic Mechanism Design , Ex-post Incentive Compatibility , Outcome Efficiency
- 발행기관 한국경제학회
- 발행년도 2021
- 총서유형 Journal
- DOI http://dx.doi.org/10.22841/kerdoi.2021.37.2.003
- KCI ID ART002732274
- 본문언어 영어
초록/요약
This paper examines necessary and sufficient conditions for the uniqueness of dynamic Groves mechanisms when the domain of valuations is restricted. Our approach is to appropriately define the total valuation function, which is the expected discounted sum of each period’s valuation function from the allocation and thus a dynamic counterpart of the static valuation function, and then to port the results for static Groves mechanisms to the dynamic setting.
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