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Research Details
Mechanism Design without Money
Abstract
Despite impossibility results on general domains, there are some classes of situations in which there exist interesting dominant-strategy mechanisms. While some of these situations (and the resulting mechanisms) involve the transfer of money, we examine some that do not. Specifically, we analyze: problems where agents have single-peaked preferences over a 1-dimensional "public" policy space; problems where agents can trade/consume a single, indivisible "private" good; and problems where agents must match with each other.
Type
Book Chapter
Author(s)
James Schummer, Rakesh Vohra
Date Published
2007
Citations
Schummer, James, and Rakesh Vohra. 2007. Mechanism Design without Money.