Some limitations of the groves-ledyard optimal mechanism |
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Authors: | Greenberg Joseph Mackay Robert Tideman Nicolaus |
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Institution: | 1.Center for Operation Research and Econometrics,Heverlee,Belgium;2.Virginia Polytechnic Institute and State University,USA;3.Tulane University,USA |
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Abstract: | Public Choice - The tax rule suggested by Groves and Ledyard is certainly an ingenious one, although there is no indication as to how one might fall upon that specific scheme. If offers Pareto... |
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