Characterization of Revenue Equivalence.

The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. We give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The characterization holds f...

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Bibliographic Details

Published in:	Econometrica Vol. 77; no. 1; pp. 307 - 317
Main Authors:	Heydenreich, Birgit, Müller, Rudolf, Uetz, Marc, Vohra, Rakesh V.
Format:	Article
Published:	Wiley-Blackwell January 2009
Subjects:	Resource allocation > Mathematical models Game theory
Online Access:	View this record in EBSCOhost