haku: @indexterm Multidimensional scaling / yhteensä: 66
viite: 11 / 66
| Tekijä: | Jehiel, P. |
| Otsikko: | Multidimensional mechanism design for auctions with externalities |
| Lehti: | Journal of Economic Theory
1999 : APR, VOL. 85:2, p. 258-293 |
| Asiasana: | MULTIDIMENSIONAL SCALING EXTERNALITIES ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | In an auction with externalities, a buyer's type is multidimensional and specifies the payoff he would get for each of the N+1 possible outcomes: the seller keeps the object or buyer i (i=1, ...,N) gets the object. The authors provide a characterization of multidimensional incentive compatible mechanisms similar to that for one-dimensional mechanisms. Although reservation utilities are endogenous and type-dependent, the participation constraint is binding for only one "critical type". |
SCIMA