Take Action

Home | Faculty & Research Overview | Research

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.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more