Approximating Multi-attribute Resource Allocations Using GAI Utility Functions

2019 ◽  
pp. 103-114
Author(s):  
Charles Harold ◽  
Mohan Baruwal Chhetri ◽  
Ryszard Kowalczyk
Keyword(s):  
Utility Functions ◽  
Resource Allocations

A Model for Applying Information and Utility Functions

1963 ◽  
Vol 30 (3) ◽  
pp. 267-273 ◽  
Author(s):  
David Harrah
Keyword(s):  
Utility Functions

scholarly journals Pareto Efficient Auctions with Interest Rates

2019 ◽  
Vol 33 ◽  
pp. 1989-1995
Author(s):  
Gagan Goel ◽  
Vahab Mirrokni ◽  
Renato Paes Leme
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Utility Functions ◽  
Limited Access ◽  
Incentive Compatible ◽  
Pareto Efficient ◽  
Available Resources

We consider auction settings in which agents have limited access to monetary resources but are able to make payments larger than their available resources by taking loans with a certain interest rate. This setting is a strict generalization of budget constrained utility functions (which corresponds to infinite interest rates). Our main result is an incentive compatible and Pareto-efficient auction for a divisible multi-unit setting with 2 players who are able to borrow money with the same interest rate. The auction is an ascending price clock auction that bears some similarities to the clinching auction but at the same time is a considerable departure from this framework: allocated goods can be de-allocated in future and given to other agents and prices for previously allocated goods can be raised.

scholarly journals UTILITY FUNCTIONS AND FISCAL ILLUSION FROM GRANTS

1990 ◽  
Vol 43 (2) ◽  
pp. 201-205
Author(s):  
J. PATRICK O'BRIEN ◽  
YEUNG-NAN SHIEH
Keyword(s):  
Utility Functions ◽  
Fiscal Illusion
Sign in / Sign up

Export Citation Format

Share Document