We characterize dominant-strategy incentive compatibility with multidimensional types. A deterministic social choice function is dominant-strategy incentive compatible if and only if it is weakly monotone (W-Mon). The W-Mon requirement is the following: If changing one agent's type (while keeping the types of other agents fixed) changes the outcome under the social choice function, then the resulting difference in utilities of the new and original outcomes evaluated at the new type of this agent must be no less than this difference in utilities evaluated at the original type of this agent. Copyright The Econometric Society 2006.
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Article provided by Econometric Society in its journal Econometrica.
Volume (Year): 74 (2006) Issue (Month): 4 (07) Pages: 1109-1132 Download reference. The following formats are available: HTML
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Heydenreich, Birgit & Müller, Rudolf & Uetz, Marc & Vohra, Rakesh, 2008.
"Characterization of Revenue Equivalence,"
Research Memoranda
001, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
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Müller, Rudolf & Uetz, Marc & Vohra, Rakesh & Heydenreich, Birgit, 2007.
"Characterization of Revenue Equivalence,"
Research Memoranda
017, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
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First:Birgit Heydenreich & Rudolf Muller & Marc Uetz & Rakesh Vohra, 2007.
"Characterization of Revenue Equivalence,"
Discussion Papers
1448, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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Birgit Heydenreich & Rudolf Müller & Marc Uetz & Rakesh V. Vohra, 2009.
"Characterization of Revenue Equivalence,"
Econometrica,
Econometric Society, vol. 77(1), pages 307-316, 01.
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