Assigning Resources to Budget-Constrained Agents
研究了向预算受限的代理人分配商品的不同方法，发现随机分配加转售的方案在功利效率上可能优于竞争市场，最优机制涉及折扣随机分配（实物补贴）和现金激励。
This article studies different methods of assigning a good to budget-constrained agents. Schemes that assign the good randomly and allow resale may outperform the competitive market in terms of Utilitarian efficiency. The socially optimal mechanism involves random assignment at a discount--an in-kind subsidy--and a cash incentive to discourage low-valuation individuals from claiming the good. Copyright , Oxford University Press.