An asymptotically optimal VCG redistribution mechanism for the public project problem
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DOI: 10.1007/s10458-021-09526-6
Abstract: We study the classic public project problem, where the agents decide whether or not to build a non-excludable public project. We focus on efficient, strategy-proof, and weakly budget-balanced mechanisms (VCG redistribution mechanisms). Our aim is… read more here.
Keywords: public project; case efficiency; worst case; mechanism ... See more keywords