Goswami, Mridu Prabal; Mitra, Manipushpak; Sen, Arunava - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 2, pp. 361-381
In this paper, we revisit a long-standing question on the structure of strategy-proof and Pareto-efficient social choice functions (SCFs) in classical exchange economies (Hurwicz (1972)). Using techniques developed by Myerson in the context of auction-design, we show that in a specific...