The Efficiency of Resource Allocation Mechanisms for Budget-Constrained Users

economics and computation, pp. 681-698, 2018.

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EI

Abstract:

We study the efficiency of mechanisms for allocating a divisible resource. Given scalar signals submitted by all users, such a mechanism decides the fraction of the resource that each user will receive and a payment that will be collected from her. Users are self-interested and aim to maximize their utility (defined as their value for the...More

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