Articles with "efficient collective" as a keyword



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Efficient collective decision-making, marginal cost pricing, and quadratic voting

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Published in 2017 at "Public Choice"

DOI: 10.1007/s11127-017-0411-6

Abstract: We discuss the mechanisms related to quadratic voting, from Vickrey’s counter-speculation mechanism and his second-price auction, through the family of Groves mechanisms and its most notable member, the Clarke mechanism, to the expected externality mechanism,… read more here.

Keywords: mechanism; collective decision; decision making; quadratic voting ... See more keywords