Author

Shunya Noda

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#artificial intelligence Aug 2024

No Screening is More Efficient with Multiple Objects

We study the welfare-maximizing allocation of heterogeneous objects when screening uses costly effort rather than monetary transfers. No-screening mechanisms perform well as object variety increases. In a symmetric continuous market with i.i.d. values whose CDF is log-concave, the multidimensional problem reduces exact...

Shunya Noda, Genta Okada · arXiv.org · 0 citations