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We study dominant strategy implementation especially in economic environments. We first showthat in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelationmechanism. We...
Persistent link: https://www.econbiz.de/10010332280
This paper proposes new necessary and sufficient conditions for secure implementation. Our result says that especially in certain environments including matching environments, restricted monotonicity alone is necessary and sufficient for secure implementation.Our application of the result to a...
Persistent link: https://www.econbiz.de/10012985113
We study dominant strategy implementation especially in economic environments. We first showthat in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelationmechanism. We...
Persistent link: https://www.econbiz.de/10003371461
Persistent link: https://www.econbiz.de/10003522745
We consider full-truthful Nash implementation, which requires that truth telling by each agent should be a Nash equilibrium of a direct revelation mechanism, and that the set of Nash equilibrium outcomes of the mechanism should coincide with the f-optimal outcome. We show that restricted...
Persistent link: https://www.econbiz.de/10014055463
Persistent link: https://www.econbiz.de/10001770451
Persistent link: https://www.econbiz.de/10011898547
This paper studies the application of the notion of secure implementation (Cason, Saijo, Sjöström, and Yamato, 2006; Saijo, Sjöström, and Yamato, 2007) to the problem of allocating indivisible objects with monetary transfers. We propose a new domain-richness condition, termed as minimal...
Persistent link: https://www.econbiz.de/10010332239
This paper considers the object allocation problem introduced by Shapley and Scarf (1974). We study secure implementation (Saijo, Sjöström, and Yamato, 2007), that is, double implementation in dominant strategy and Nash equilibria. We prove that (i) an individually rational solution is...
Persistent link: https://www.econbiz.de/10010332437
We consider the problems of fairly allocating indivisible objects and money. The objective of the present study is to examine strategic manipulation under envy-free solutions. We show that each individual obtains the welfare level of his "optimal" envy-free allocation by maximally manipulating...
Persistent link: https://www.econbiz.de/10013106966