Showing 1 - 7 of 7
Which strategy-proof nonbossy mechanisms exist in a model with a finite number of indivisible goods (houses, jobs, positions) and a compensating perfectly divisible good (money)? The main finding is that only a finite number of distributions of the divisible good is consistent with...
Persistent link: https://www.econbiz.de/10005190590
This paper provides three short proofs of the classical Gibbard–Satterthwaite theorem. The theorem is first proved in the case with only two voters. The general case follows then from an induction argument over the number of voters. The proof of the theorem is further simplified when the...
Persistent link: https://www.econbiz.de/10011118021
We consider an allocation problem with a finite number of objects, and agents that demand at most one of the objects. The study provides a characterization of a class of strategy-proof price mechanisms. A mechanism belongs to the class if and only if the price space is restricted in a special...
Persistent link: https://www.econbiz.de/10013208821
Persistent link: https://www.econbiz.de/10005596544
Persistent link: https://www.econbiz.de/10011297084
Persistent link: https://www.econbiz.de/10011593185
Persistent link: https://www.econbiz.de/10014558627