Reference no: EM13879641
1. Check strategy-proofness and evaluate efficiency of the reverse priority-based mechanisms.
2. Give the definitions and illustrative examples for the following terms:
Planning mechanism Strategic behavior Strategy-proof mechanism Direct mechanism Preference function
Type of an agent Fair play principle Decentralizing sets
Perfect concordance condition Hypothesis of weak contagion Single-peaked function
Mechanism of proportional allocation Dictator
Anonymous mechanism Mechanism of serial allocation Mechanism of transfer prices Transfer price
Cobb-Douglas function Expert mechanism
Spence-Mirrlees single-crossing condition Incentive-compatibility condition Condition of individual rationality
Rank-order tournament Auction:
Continuous auction Discrete auction Direct auction Simple auction.
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Relationship between economic growth and productivity
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Temperatures of the interior and surrounding medium
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Expected rate of return from this investment opportunity
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Give definitions of perfect concordance condition hypothesis
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Set up an lp model in general form
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French company, prepares its financial statements
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