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Strategyproof and Budget Balanced Mechanisms for Assembly

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  • Soumendu Sarkar

    (Department of Economics, Delhi School of Economics)

Abstract

Assembly is an exchange problem with one buyer and multiple sellers. The buyer wants to purchase multiple items and sellers hold one item each. In applications like land acquisition, the buyer is required to purchase contiguous land plots to realize a project worth any value. This paper characterizes strategyproof,individually rational and budget balanced mechanisms for the assembly problem when the valuations of the agents are private information. It also examines several mechanisms in this class. JEL Codes: C78, D82

Suggested Citation

  • Soumendu Sarkar, 2022. "Strategyproof and Budget Balanced Mechanisms for Assembly," Working papers 320, Centre for Development Economics, Delhi School of Economics.
  • Handle: RePEc:cde:cdewps:320
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    More about this item

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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