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Designing efficient and incentive compatible mechanisms is almost impossible in quasi-linear environments

机译:在准线性环境中,几乎不可能设计出有效且激励兼容的机制

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摘要

In quasi-linear environments, classic theories state that it is possible to design efficient and incentive compatible mechanisms, such as Vickrey, Clarke and Groves (VCG) mechanisms. However, once financial constraints are taken into account, we find that almost no financial constraint is compatible with efficiency and individual incentives over unrestricted domains and some restricted domains. Therefore, our results imply that even in quasi-linear environments, it is still impossible to design an efficient and incentive compatible mechanism because of financial constraints. (C) 2018 Elsevier B.V. All rights reserved.
机译:在准线性环境中,经典理论指出,可以设计有效且激励兼容的机制,例如Vickrey,Clarke和Groves(VCG)机制。但是,一旦考虑到财务约束,我们发现几乎没有财务约束与非受限领域和某些受限领域的效率和个人激励相兼容。因此,我们的结果表明,即使在准线性环境中,由于财务约束,仍然不可能设计出一种有效的激励兼容机制。 (C)2018 Elsevier B.V.保留所有权利。

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