Thirteen reasons why the Vickrey-Clarke-Groves process is not practical

成果类型:
Article
署名作者:
Rothkopf, Michael H.
署名单位:
Rutgers University System; Rutgers University New Brunswick; Rutgers University System; Rutgers University New Brunswick
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.1070.0384
发表日期:
2007
页码:
191-197
关键词:
摘要:
In theory, the mathematically elegant Vickrey-Clarke-Groves process offers perfect efficiency with dominant truth-revealing strategies. However, it has many serious practical problems. This paper describes these problems and argues that research that aims to maintain the dominant truth-revealing strategies while compromising on the other practical issues is of limited practical value.