Assignment Messages and Exchanges

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2009
Volume: 1
Issue: 2
Pages: 95-113

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

"Assignment messages" are maximally general messages to describe substitutable preferences by means of a linear program. With "integer assignment messages," there exist integer-valued Walrasian allocations, extending a result of Lloyd S. Shapley and Martin Shubik (1971). Any pure Nash equilibrium profile of the Walrasian mechanism with participants limited to assignment messages is also a Nash equilibrium of the unrestricted Walrasian mechanism. Assignment exchanges are generalizations of single-product double auctions and are related to ascending multi-product clock auctions and the Vickrey mechanism. Assignment messages also have additional applications in mechanism design. (JEL D44, D82)

Technical Details

RePEc Handle
repec:aea:aejmic:v:1:y:2009:i:2:p:95-113
Journal Field
General
Author Count
1
Added to Database
2026-01-26