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Autor:innen: 
Erscheinungsjahr: 
2000
Schriftenreihe/Nr.: 
Bonn Econ Discussion Papers No. 11/2001
Verlag: 
University of Bonn, Bonn Graduate School of Economics (BGSE), Bonn
Zusammenfassung: 
In a sequencing problem with linear time cost, Suijs (1996) proved that it is possible to achieve first best. By first best we mean that one can find mechanisms that satisfy efficiency of decision, dominant strategy incentive compatibility and budget balancedness. In this paper we show that among a more general and natural class of sequencing problems, sequencing problems with linear cost is the only class for which first best can be achieved.
Schlagwörter: 
Sequencing problems
Dominant strategy incentive compatibility
Efficiency
Budget balancedness
JEL: 
C72
C78
D82
Dokumentart: 
Working Paper

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