A necessary condition for decentralization and an application to intertemporal allocation

DOI10.1016/0022-0531(90)90021-BzbMath0712.90013MaRDI QIDQ749421

Leonid Hurwicz, Hans F. Weinberger

Publication date: 1990

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

message spaceevolutionary mechanismintertemporal allocationdecentralized mechanism

Mathematics Subject Classification ID

Economic growth models (91B62) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Related Items (1)

Decentralized evolutionary mechanisms for intertemporal economies: A possibility result

Cites Work

• A method for constructing message systems for smooth performance functions
• Optimal intertemporal allocation mechanisms and decentralization of decisions
• On characterizing optimal competitive programs in terms of decentralizable conditions
• Fair allocations of a renewable resource
• Dynamic optimization in non-convex models with irreversible investment: Monotonicity and turnpike results
• Capital Accumulation and Efficient Allocation of Resources

This page was built for publication: A necessary condition for decentralization and an application to intertemporal allocation