Arbeitspapier

Dominant strategy implementation in economic environments

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 next prove that in weak separable environments, strategy-proofness is sufficient for dominant strategy implementation, by using an augmented revelation mechanism similar to the one devised by Jackson et al. (1994). Moreover, we focus on pure exchange economies without free disposal, and try to construct another augmented revelation mechanism that satisfies balancedness in and out of equilibrium, and which implements all strategy-proof social choice functions in dominant strategy equilibria.

Sprache
Englisch

Erschienen in
Series: ISER Discussion Paper ; No. 669

Klassifikation
Wirtschaft
Exchange and Production Economies
Noncooperative Games
Social Choice; Clubs; Committees; Associations
Positive Analysis of Policy Formulation and Implementation
Thema
Augmented Revelation Mechanism
Strategy-Proofness
Balancedness
Quasi-Strong-Non-Bossiness
The Revelation Principle
Spieltheorie
Soziale Wohlfahrtsfunktion
Tauschwirtschaft
Nash-Gleichgewicht
Theorie

Ereignis
Geistige Schöpfung
(wer)
Mizukami, Hideki
Wakayama, Takuma
Ereignis
Veröffentlichung
(wer)
Osaka University, Institute of Social and Economic Research (ISER)
(wo)
Osaka
(wann)
2006

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Mizukami, Hideki
  • Wakayama, Takuma
  • Osaka University, Institute of Social and Economic Research (ISER)

Entstanden

  • 2006

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