A New Evaluation Criterion for Allocation Mechanisms with Application to Vehicle License Allocations in China
In this paper, we propose an equality measure for allocation mechanisms with budget constraints to describe the difference in object obtaining opportunities among buyers with different budget ranks. We evaluate allocation mechanisms not only from the perspective of efficiency and revenue, but also w...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Society for the Promotion of Mechanism and Institution Design
2019-11-01
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Series: | Journal of Mechanism and Institution Design |
Subjects: | |
Online Access: |
http://www.mechanism-design.org/arch/v004-1/p_02.pdf
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