2017 · 28 citations · 33 references
Social SciencesEconomicsDecision TheoryGame TheoryMicroeconomicsAsymmetric InformationBehavioral Game TheoryInformation EconomicsMechanism DesignNash EquilibriumNoncooperative Game TheoryAllocationBargaining With Private InformationMechanism Design Under Private InformationNash Equilibrium ProblemsPiecewise Linear UtilityPrivate Information RevelationTruthful SignalingTruthfulness
We study envy-free cake cutting with strategic agents, where each agent may manipulate his private information in order to receive a better allocation. We focus on piecewise constant utility functions and consider two scenarios: the general setting without any restriction on the allocations and the restricted setting where each agent has to receive a connected piece. We show that no deterministic truthful envy-free mechanism exists in the connected piece scenario, and the same impossibility result for the general setting with some additional mild assumptions on the allocations. Finally, we study a large market model where the economy is replicated and demonstrate that truth-telling converges to a Nash equilibrium.
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John F. Nash · Econometrica · 1950 · 7.9K citations
Charging and rate control for elastic traffic
F. P. Kelly · European Transactions on Telecommunications · 1997 · 3K citations · Full text