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Generic Impossibility of Partial Ex Post Implementation with General Utility Functions

Authors: Tadashi Hashimoto;

Generic Impossibility of Partial Ex Post Implementation with General Utility Functions

Abstract

This paper examines possibility of partial ex post implementation under general utility functions which is not necessarily differentiable or quasi-linear with respect to money. We deal with an interdependent-value model in which there are two agents, two alternatives and each agent receives more than two dimensional private signal. The main result of this paper is that under generic utility functions, a public decision rule must be almost constant if it can be ex post incentive compatible with some transfer rule.

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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!
1
Average
Average
Average
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