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) implementation with partially honest agents when there are three or more participants. First, it establishes a condition which is … necessary and sufficient for implementation. Second, it provides simple tests for checking whether or not a social choice … correspondence can be implemented. Their usefulness is shown by examining implementation in a wide variety of environments. …
Persistent link: https://www.econbiz.de/10011014400
) implementation with partially honest agents when there are three or more participants. First, it establishes a condition which is … necessary and sufficient for implementation. Second, it provides simple tests for checking whether or not a social choice … correspondence can be implemented. Their usefulness is shown by examining implementation in a wide variety of environments. …
Persistent link: https://www.econbiz.de/10011258792
Persistent link: https://www.econbiz.de/10009777887
We derive a necessary and a sufficient condition for Nash implementation with a procedurally fair mechanism. Our result …
Persistent link: https://www.econbiz.de/10012503061
Often preferences of agents are such that any sensible goal of the collective must admit a tie between all alternatives. The standard formulation in mechanism design demand that in this case all alternatives are equilibrium outcomes of the social choice mechanism. However, as far as the idea of...
Persistent link: https://www.econbiz.de/10012503063
An agent is said to be partially honest if he or she weakly prefers an outcome at a strategy profile with his truthful strategy than an outcome at a strategy profile with his false strategy, then this player must prefer strictly the \true" strategy profille to the \false" strategy profile. In...
Persistent link: https://www.econbiz.de/10009393786
sufficient condition to achieve secure implementation. This result provides a behavioral foundation for the rectangularity … property; and it offers as a by-product a revelation principle for secure implementation with partial honesty. We apply the … implementation concept to a single-crossing voting environment, and we prove that it characterizes, in combination with unanimity …
Persistent link: https://www.econbiz.de/10011076683
We consider full implementation in complete-information environments when agents have an arbitrarily small preference …
Persistent link: https://www.econbiz.de/10010738055
In the present paper we consider the allocation of cost in connection networks. Agents have connection demands in form of pairs of locations they want to be connected. Connections between locations are costly to build. The problem is to allocate costs of networks satisfying all connection...
Persistent link: https://www.econbiz.de/10010703368
mixed Nash implementation. With at least three players, set-monotonicity and no-veto power are sufficient. Important …
Persistent link: https://www.econbiz.de/10011043034