In mechanism design, a branch of economics, a budget-feasible mechanism is a mechanism in which the total payment made by the auctioneer is upper-bounded by a fixed pre-specified budget. They were first presented by Yaron Singer,[1] and studied by several others.[2][3][4]
^Chen, Ning; Gravin, Nick; Lu, Pinyan (2011-01-23), "On the Approximability of Budget Feasible Mechanisms", Proceedings of the 2011 Annual ACM-SIAM Symposium on Discrete Algorithms, Proceedings, Society for Industrial and Applied Mathematics, pp. 685–699, arXiv:1007.3801, doi:10.1137/1.9781611973082.54, ISBN978-0-89871-993-2, S2CID14406192