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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...
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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...
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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...
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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
This paper considers the problem of allocating an amount of a perfectly divisible resource among agents. We are interested in rules eliminating the possibility that an agent can compensate another to misrepresent her preferences, making both agents strictly better off. Such rules are said to be...
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