Article ID Journal Published Year Pages File Type
9663780 European Journal of Operational Research 2005 16 Pages PDF
Abstract
In mechanism design problems under incomplete information, it is generally difficult to find decision problems that are first best implementable. A decision problem under incomplete information is first best implementable if there exists a mechanism that extracts the private information and achieves efficiency with a transfer scheme that adds up to zero in every state. One can find queueing problem with one machine that are first best implementable under certain cost conditions. In this paper we identify the conditions on cost structure for which queueing problems with multiple machines are first best implementable.
Related Topics
Physical Sciences and Engineering Computer Science Computer Science (General)
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