Carnegie Mellon University
Browse

Core Deviation Minimizing Auctions

Download (156.5 kB)
journal contribution
posted on 2006-08-01, 00:00 authored by Isa HafalirIsa Hafalir, Hadi Yektas

We study dominant strategy implementable direct mechanisms that minimize the expected surplus from core deviations. Using incentive compatibility conditions, we formulate the core deviation miminimization problem as a calculus of variations problem and then numerically solve it for some particular cases.

History

Publisher Statement

All Rights Reserved

Date

2006-08-01

Usage metrics

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC