Group for Research in Decision Analysis

On private and efficient repeated allocation

Jia Yuan Yu Associate Professor, Concordia Institute of Information System Engineering, Concordia University, Canada

An unknown number of agents consume a common good resource in a repeated fashion. We show that if the agents control their consumptions according to a certain policy, then these consumptions converge to a socially efficient allocation. This is achieved without communicating any of the utility functions of the agents, and with very limited broadcast signals from a central authority. We present one such policy for divisible goods and one for indivisible goods.

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