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``Strategy-proof mechanism design with non-quasi-linear preferences: ex-post revenue maximization for an arbitrary number of objects." Social Choice and Welfare 60, 103-120

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Endogenous shareholding auctions

econ.TH · 2026-07-02 · accept · novelty 6.5

Endogenous shareholding auctions are exactly the efficient, strategy-proof, envy-free, and voluntary mechanisms for a monopolist eliciting demand under production, with VCG producer-optimal and valvular auctions consumer-optimal.

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  • Endogenous shareholding auctions econ.TH · 2026-07-02 · accept · none · ref 42

    Endogenous shareholding auctions are exactly the efficient, strategy-proof, envy-free, and voluntary mechanisms for a monopolist eliciting demand under production, with VCG producer-optimal and valvular auctions consumer-optimal.