Public Projects, Boolean Functions, and the Borders of Border's Theorem
ACM TRANSACTIONS ON ECONOMICS AND COMPUTATION, 2018.
Abstract:
Border's theorem gives an intuitive linear characterization of the feasible interim allocation rules of a Bayesian single-item environment, and it has several applications in economic and algorithmic mechanism design. All known generalizations of Border's theorem either restrict attention to relatively simple settings or resort to approxi...More
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