Collusion, efficiency, and dominant strategies
© 2016 The Authors Green and Laffont proved that no collusion-resilient dominant-strategy mechanism, whose strategies consist of individual valuations, guarantees efficiency in multi-unit auctions. Chen and Micali bypassed this impossibility by slightly enlarging the strategy spaces, yet assuming kn...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Elsevier BV
2021
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| Online Access: | https://hdl.handle.net/1721.1/135772 |