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14695 Characterization of revenue equivalence

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Heydenreich, B. and Müller, R. and Uetz, M.J. and Vohra, R. (2009) Characterization of revenue equivalence. Econometrica, 77 (1). pp. 307-316. ISSN 0012-9682 *** ISI Impact 4 ***

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Official URL: http://dx.doi.org/10.3982/ECTA7168

Abstract

The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called revenue equivalence. We give a characterization of revenue equivalence based on a graph theoretic interpretation of the incentive compatibility constraints. The characterization holds for any (possibly infinite) outcome space and many of the known results are immediate consequences. Moreover, revenue equivalence can be identified in cases where existing theorems are silent.

Item Type:	Article
Research Group:	EWI-DMMP: Discrete Mathematics and Mathematical Programming
Research Program:	CTIT-IE&ICT: Industrial Engineering and ICT
ID Code:	14695
Status:	Published
Deposited On:	08 January 2009
Refereed:	Yes
International:	Yes
ISI Impact Factor:	4
More Information:	statistics metis

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Characterization of Revenue Equivalence (deposited 15 January 2008)
- Characterization of revenue equivalence (deposited 08 January 2009)
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