Optimal mechanism design with approximate incentive compatibility and many players
We consider a setting in which a mechanism designer must choose the appropriate social alternative depending on the state of nature. We study the problem of optimal design and demonstrate that a mechanism which allocates resources so as to achieve the social optimum and assigns payments equal to the...
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| Format: | Article |
| Language: | English |
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Society for the Promotion of Mechanism and Institution Design
2023-12-01
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| Series: | Journal of Mechanism and Institution Design |
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| Online Access: |
http://www.mechanism-design.org/arch/v008-1/p_04.pdf
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