Implementable Mechanisms for Discrete Utility Functions, A Solution Using Tropical Geometry

For mechanisms with two possible outcomes and a unique agent with two posible types, we state sufficient and necessary conditions over the type space that guarantees the existence of an incentive compatible mechanism. By using tropical geometry, we found that these conditions rely only on the relative valuations to be increasing over types. This result extends implementability for discrete utility functions

MoreLess

Year of publication:	2019
Authors:	Chitiva, Julian
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Nutzenfunktion \| Utility function \| Theorie \| Theory \| Nutzen \| Utility

Extent:	1 Online-Ressource (16 p)
Series:	Documento CEDE ; No. 2019-37
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 17, 2019 erstellt
Other identifiers:	10.2139/ssrn.3463330 [DOI]
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; C65 - Miscellaneous Mathematical Tools ; C79 - Game Theory and Bargaining Theory. Other ; D82 - Asymmetric and Private Information ; D86 - Economics of Contract: Theory
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012861900