Incentive-compatible simple mechanisms
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DOI: 10.1007/s00199-021-01342-z
Abstract: We consider mechanisms for allocating a fixed amount of divisible resources among multiple agents when they have quasilinear preferences and can only report messages in a one-dimensional space. We show that in contrast with infinite-dimensional… read more here.
Keywords: incentive compatible; implementation; compatible simple; simple mechanisms ... See more keywords
An Incentive-Compatible Frequency Regulation Market for Flexible Resources in Microgrid
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DOI: 10.1109/access.2023.3248219
Abstract: Frequency regulation services can be provided by emerging flexible resources such as electric vehicles and energy storage which can rapidly adjust the output in response to regulation signals, as long as there is an effective… read more here.
Keywords: frequency regulation; flexible resources; incentive compatible; regulation ... See more keywords
Incentive‐Compatible in Dominant Strategies Mechanism Design for an Assembler under Asymmetric Information
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DOI: 10.1111/poms.12929
Abstract: Assembly systems, in which various components are sourced from multiple suppliers and assembled into the final product, which is sold to external customers, are found in a variety of industries. In many practical settings, the… read more here.
Keywords: information; mechanism; alternative mechanism; assembler ... See more keywords