Incentive-compatible allocation algorithm for non-separable group payoffs. (English) Zbl 0553.90082
This paper introduces an incentive-compatible resource allocation scheme for non-separable group payoffs. It is shown that the algorithm can be made convergent and truth inducing under reasonable assumptions. A real- world motivating example is included.
MSC:
90C30 | Nonlinear programming |
91A12 | Cooperative games |
65K05 | Numerical mathematical programming methods |
Keywords:
Heal algorithm; incentive-compatible resource allocation scheme; non- separable group payoffsReferences:
[1] | Heal, Review of Economic Studies 36 pp 347– (1969) |
[2] | Heal, Review of Economic Studies 38 pp 281– (1971) |
[3] | Servi, Optimal Control Applications and Methods 4 pp 265– (1983) |
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