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Restricted environments and incentive compatibility in interdependent values models

Authors: Barberà, Salvador; Berga, Dolors; Moreno-Jiménez, Bernardo;

Restricted environments and incentive compatibility in interdependent values models

Abstract

We study mechanisms that operate in interdependent values environments. We show that when defined on knit and strict environments, only constant mechanisms can be ex post incentive compatible. Knitness is also necessary for this result to hold for mechanisms with two alternatives in the range. For partially knit and strict environments, we prove that ex post incentive compatibility extends to groups, and that strategy-proofness implies strong group strategy-proofness in the special case of private values. The results extend to mechanisms operating on non-strict domains under an additional requirement of respectfulness. We discuss examples of environments where our theorems apply

Keywords

Economics, Pareto efficiency, Economia, Individual preferences, strategy-proofness, Economía matemática, Interdependent types, preference functions, Mechanisms, Voting theory, allocation problems, Incentive awards, Resource allocation, interdependent types, mechanisms, Strategy-proofness, Preference functions, Mechanism design theory, jury decisions, Incentius (Economia), Allocation problems, Optimización matemática, Modelos matemáticos, Jury decisions, Assignació de recursos, Ex post incentive compatibility, ex post incentive compatibility

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
OpenAIRE UsageCountsViews provided by UsageCounts
downloads
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5
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32
18
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bronze