Titlebook: Game Theory for Networks; 2nd International IC Rahul Jain,Rajgopal Kannan Conference proceedings 2012 ICST Institute for Computer Science,

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Hierarchical Auctions for Network Resource Allocationbility and efficiency cannot be simultaneously achieved. We then consider the resource to be divisible and propose the hierarchical network second-price mechanism in which there exists an efficient Nash equilibrium with endogenous strong budget balance.

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Titlebook: Game Theory for Networks; 2nd International IC Rahul Jain,Rajgopal Kannan Conference proceedings 2012 ICST Institute for Computer Science,

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