Choosing Wisely: A Multibidding Approach.
A multibidding mechanism that is budget-balanced is developed to address the problem of choosing an efficient project alternative by a group of agents with conflicting interests, based on the Nash equilibria. Findings reveal that all Nash equilibrium outcomes of the mechanism are efficient, that is...
| Publicado en: | American Economic Review Vol. 92; no. 5; pp. 1577 - 1588 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
American Economic Association
December 2002
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| Acceso en línea: | Ver este registro en EBSCOhost |