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We discuss a problem concerning Dasgupta, Hammond, and Maskin''s (1979) definition of a rich domain and a very well-known result they established for these domains: on rich domains, if a social choice function is implementable in Nash strategies, then it is truthfully implementable in dominant...
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Given a family of linear budget sets, an allocation is equal opportunity equivalent (Thomson, 1994) if there exists a common budget set such that each agent is indi¤erent between the bundle that he gets and the best bundle he can obtain in the choice set. We first study therobustness properties...
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A social choice correspondence (SCC) is virtually implementable if it is [var epsilon]-close (in the probability simplex) to some (exactly) implementable correspondence [Abreu, D., Sen, A., 1991. Virtual Implementation in Nash Equilibrium. Econometrica 59, 997-1021] proved that, without...
Persistent link: https://www.econbiz.de/10008521744
An allocation rule is securely implementable if it is strategy-proof and has no "bad" Nash equilibrium in its associated direct revelation game [Saijo, T., Sjöström, T., Yamato, T., 2007. Secure implementation. Theoretical Econ. 2, 203-229. Original work published in RIETI Discussion Paper...
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We let subjects in a voluntary contribution experiment make non-binding numerical announcements about their "possible" contributions and, in some treatments, send written promises to contribute specific amounts. We find that announcements were responded to both by others' announcements and by...
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A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number k of public facilities to be located. We consider public facilities that do not su¤er from congestion and are non-excludable. We provide a characterization of...
Persistent link: https://www.econbiz.de/10008617066