English

The uniqueness of dynamic Groves mechanisms on restricted domains

Theoretical Economics 2021-07-09 v1

Abstract

This paper examines necessary and sufficient conditions for the uniqueness of dynamic Groves mechanisms when the domain of valuations is restricted. Our approach is to appropriately define the total valuation function, which is the expected discounted sum of each period's valuation function from the allocation and thus a dynamic counterpart of the static valuation function, and then to port the results for static Groves mechanisms to the dynamic setting.

Keywords

Cite

@article{arxiv.2006.14190,
  title  = {The uniqueness of dynamic Groves mechanisms on restricted domains},
  author = {Kiho Yoon},
  journal= {arXiv preprint arXiv:2006.14190},
  year   = {2021}
}