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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...
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We consider the problem of sharing a good, where agents prefer more to less. In this environment, we prove that a sharing rule satisfies strategy-proofness if and only if it has the quasi-constancy property: no one changes her own share by changing her announcements. Next by constructing a...
Persistent link: https://www.econbiz.de/10005654595
We consider the problem of sharing a good, where agents prefer more to less. In this environment, we prove that a sharing rule satisfies strategy-proofness if and only if it has the quasi-constancy property:no one changes her own share by changing her announcements. Next,by constructing a system...
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This paper studies secure implementation [Saijo, T., Sjöström, T., Yamato, T., 2007. Secure implementation. Theoretical Economics 2, 203-229] in economies with indivisible objects and money. We establish that on any minimally rich domain that is proposed in our paper, only constant social...
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