The relation between non-bossiness and monotonicity
It is a well-known fact that in some economic environments, non-bossiness and monotonicity are interrelated. In this paper, we have presented a new domain-richness condition called weak monotonic closedness, on which non-bossiness in conjunction with individual monotonicity is equivalent to monotonicity. Moreover, by applying our main result to several types of economies, we have obtained characterizations in terms of non-bossiness.
Year of publication: |
2009
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---|---|
Authors: | Mizukami, Hideki ; Wakayama, Takuma |
Published in: |
Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 58.2009, 2, p. 256-264
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Publisher: |
Elsevier |
Keywords: | Non-bossiness Individual monotonicity Monotonicity Weak monotonic closedness |
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