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Secure implementation in production economies

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  • Kumar, Rajnish

Abstract

This paper shows that, in production economies, the generalized serial social choice functions defined by Shenker (1992) are securely implementable (in the sense of Saijo et al., 2007) and that they include the well-known fixed path social choice functions.

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Bibliographic Info

Article provided by Elsevier in its journal Mathematical Social Sciences.

Volume (Year): 66 (2013)
Issue (Month): 3 ()
Pages: 372-378

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Handle: RePEc:eee:matsoc:v:66:y:2013:i:3:p:372-378

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Web page: http://www.elsevier.com/locate/inca/505565

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References

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  1. Sprumont, Y., 1996. "Ordinal Cost Sharing," Cahiers de recherche 9624, Universite de Montreal, Departement de sciences economiques.
  2. Dasgupta, Partha S & Hammond, Peter J & Maskin, Eric S, 1979. "The Implementation of Social Choice Rules: Some General Results on Incentive Compatibility," Review of Economic Studies, Wiley Blackwell, vol. 46(2), pages 185-216, April.
  3. Cason, Timothy N. & Saijo, Tatsuyoshi & Sjostrom, Tomas & Yamato, Takehiko, 2006. "Secure implementation experiments: Do strategy-proof mechanisms really work?," Games and Economic Behavior, Elsevier, vol. 57(2), pages 206-235, November.
  4. Justin Leroux, 2006. "Cooperative production under diminishing marginal returns: Interpreting fixed-path methods," Cahiers de recherche 06-10, HEC Montréal, Institut d'économie appliquée.
  5. Bochet, Olivier & Sakai, Toyotaka, 2010. "Secure implementation in allotment economies," Games and Economic Behavior, Elsevier, vol. 68(1), pages 35-49, January.
  6. Satterthwaite, Mark A & Sonnenschein, Hugo, 1981. "Strategy-Proof Allocation Mechanisms at Differentiable Points," Review of Economic Studies, Wiley Blackwell, vol. 48(4), pages 587-97, October.
  7. Koster, Maurice & Tijs, Stef & Borm, Peter, 1998. "Serial cost sharing methods for multi-commodity situations," Mathematical Social Sciences, Elsevier, vol. 36(3), pages 229-242, December.
  8. Tatsuyoshi Saijo & Tomas Sjostrom & Takehiko Yamato, 2005. "Secure Implementation," Economics Working Papers 0056, Institute for Advanced Study, School of Social Science.
  9. Kolpin, Van, 1996. "Multi-Product Serial Cost Sharing: An Incompatibility with the Additivity Axiom," Journal of Economic Theory, Elsevier, vol. 69(1), pages 227-233, April.
  10. Milgrom, Paul & Roberts, John, 1991. "Adaptive and sophisticated learning in normal form games," Games and Economic Behavior, Elsevier, vol. 3(1), pages 82-100, February.
  11. Maurice Koster, 2007. "The Moulin–Shenker rule," Social Choice and Welfare, Springer, vol. 29(2), pages 271-293, September.
  12. Friedman, Eric & Moulin, Herve, 1999. "Three Methods to Share Joint Costs or Surplus," Journal of Economic Theory, Elsevier, vol. 87(2), pages 275-312, August.
  13. Friedman, Eric J., 2002. "Strategic properties of heterogeneous serial cost sharing," Mathematical Social Sciences, Elsevier, vol. 44(2), pages 145-154, November.
  14. Moulin, Herve & Shenker, Scott, 1992. "Serial Cost Sharing," Econometrica, Econometric Society, vol. 60(5), pages 1009-37, September.
  15. Yuji Fujinaka & Takuma Wakayama, 2007. "Secure Implementation in Economies with Indivisible Objects and Money," ISER Discussion Paper 0699, Institute of Social and Economic Research, Osaka University.
  16. Leroux, Justin, 2008. "Profit sharing in unique Nash equilibrium: Characterization in the two-agent case," Games and Economic Behavior, Elsevier, vol. 62(2), pages 558-572, March.
  17. Eric Friedman & Scott Shenker, 1998. "Learning and Implementation on the Internet," Departmental Working Papers 199821, Rutgers University, Department of Economics.
  18. Watts, Alison, 1996. "On the Uniqueness of Equilibrium in Cournot Oligopoly and Other Games," Games and Economic Behavior, Elsevier, vol. 13(2), pages 269-285, April.
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Cited by:
  1. Katsuhiko Nishizaki, 2014. "An equivalence of secure implementability and full implementability in truthful strategies in pure exchange economies with Leontief utility functions," Review of Economic Design, Springer, vol. 18(1), pages 73-82, March.
  2. Katsuhiko Nishizaki, 2013. "An impossibility theorem for secure implementation in discrete public good economies," Economics Bulletin, AccessEcon, vol. 33(1), pages 300-308.

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