Sentence examples for budget balanced from inspiring English sources

This mechanism is, necessarily, not budget balanced and we also provide a budget-balanced mechanism (which is also computationally efficient, incentive compatible and individually rational) that achieves high welfare.

A mechanism is said budget balanced (BB) if the receivers pay exactly the (possibly minimum) cost of the transmission, and β-approximate budget balanced (β-BB) if the total cost charged to the receivers covers the overall cost and is at most β times the optimal one, while it is efficient if it maximizes the sum of the receivers' utilities minus the total cost over all receivers' sets.

We have to, to get our budget balanced".

First, the city must keep its new budget balanced.

As a businessman, the mayor has the right skills to keep the $60 billion budget balanced.

That's by far the most effective and efficient way to get this budget balanced.

We investigate the issue of implementation via individually rational ex-post budget-balanced Bayesian mechanisms.

We find that, under the assumption of an increasing hazard rate of type distributions, an optimal deterministic mechanism never extracts any net payments from the agents, that is, it will be budget-balanced.

This mechanism is budget-balanced, individually rational, and fully efficient in the limit.

We examine the choice of efficient decision rules in a budget-balanced organization.

The subgame perfect Nash equilibria of our simple mechanism are efficient, budget-balanced and individually rational.