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On the expressiveness of assignment messages

Maximilian Fichtl

Economics Letters, 2021, vol. 208, issue C

Abstract: In this note we prove that the class of valuation functions representable via integer assignment messages is a proper subset of strong substitutes valuations. Thus, there are strong substitutes valuations not expressible via assignment messages.

Keywords: Strong substitutes; Assignment messages; Auctions; Min-cost flows (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:208:y:2021:i:c:s0165176521003281

DOI: 10.1016/j.econlet.2021.110051

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