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Quota Mechanisms: Finite-Sample Optimality and Robustness

econ.TH · 2023-09-14 · unverdicted · novelty 6.0

Quota mechanisms achieve an ex-post optimality guarantee via optimal transport that no transfer-free mechanism can beat in finite samples, while remaining robust to distribution misestimation and heterogeneous beliefs.

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  • Quota Mechanisms: Finite-Sample Optimality and Robustness econ.TH · 2023-09-14 · unverdicted · none · ref 15

    Quota mechanisms achieve an ex-post optimality guarantee via optimal transport that no transfer-free mechanism can beat in finite samples, while remaining robust to distribution misestimation and heterogeneous beliefs.