Secure Implementation in Economies with Indivisible Objects and Money

This paper studies the application of the notion of secure implementation (Cason, Saijo, Sjostrom, and Yamato, 2006; Saijo, Sjostrom, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal richness. We then establish that on any minimally rich domain, only constant social choice functions are securely implementable

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Year of publication:	2007
Authors:	Fujinaka, Yuji ; Wakayama, Takuma
Publisher:	[S.l.] : SSRN
Subject:	Neue politische Ökonomie \| Public choice \| Öffentliche Güter \| Public goods \| Verhandlungstheorie \| Bargaining theory \| Nichtkooperatives Spiel \| Noncooperative game

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