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Optimal Allocations with Capacity Constrained Verification

Author

Listed:
  • Albin Erlanson
  • Andreas Kleiner

Abstract

A principal has m identical objects to allocate among a group of n agents. Objects are desirable and the principal's value of assigning an object to an agent is the agent's private information. The principal can verify up to k agents, where k

Suggested Citation

  • Albin Erlanson & Andreas Kleiner, 2025. "Optimal Allocations with Capacity Constrained Verification," CRC TR 224 Discussion Paper Series crctr224_2025_630, University of Bonn and University of Mannheim, Germany.
  • Handle: RePEc:bon:boncrc:crctr224_2025_630
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    File URL: https://www.crctr224.de/research/discussion-papers/archive/dp630
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    References listed on IDEAS

    as
    1. Jerry R. Green & Jean-Jacques Laffont, 1986. "Partially Verifiable Information and Mechanism Design," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(3), pages 447-456.
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    3. Elchanan Ben‐Porath & Eddie Dekel & Barton L. Lipman, 2019. "Mechanisms With Evidence: Commitment and Robustness," Econometrica, Econometric Society, vol. 87(2), pages 529-566, March.
    4. Border, Kim C, 1991. "Implementation of Reduced Form Auctions: A Geometric Approach," Econometrica, Econometric Society, vol. 59(4), pages 1175-1187, July.
    5. Elchanan Ben-Porath & Eddie Dekel & Barton L. Lipman, 2014. "Optimal Allocation with Costly Verification," American Economic Review, American Economic Association, vol. 104(12), pages 3779-3813, December.
    6. Bull, Jesse & Watson, Joel, 2007. "Hard evidence and mechanism design," Games and Economic Behavior, Elsevier, vol. 58(1), pages 75-93, January.
    7. Ben-Porath, Elchanan & Lipman, Barton L., 2012. "Implementation with partial provability," Journal of Economic Theory, Elsevier, vol. 147(5), pages 1689-1724.
    8. Yeon‐Koo Che & Jinwoo Kim & Konrad Mierendorff, 2013. "Generalized Reduced‐Form Auctions: A Network‐Flow Approach," Econometrica, Econometric Society, vol. 81(6), pages 2487-2520, November.
    9. Jacob Glazer & Ariel Rubinstein, 2004. "On Optimal Rules of Persuasion," Econometrica, Econometric Society, vol. 72(6), pages 1715-1736, November.
    10. Maskin, Eric S & Riley, John G, 1984. "Optimal Auctions with Risk Averse Buyers," Econometrica, Econometric Society, vol. 52(6), pages 1473-1518, November.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Mechanism Design with Evidence; Allocations; Verification;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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