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On The Generic Impossibility Of Truthful Behavior: A Simple Approach

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Author Info

  • Luis Corchón

    ()
    (Universidad de Alicante)

  • Carmen Beviá Baeza

    (Universidad Autónoma de Barcelona)

Abstract

We provide an elementary proof showing how in economies with an arbitrary number of agents an arbitrary number of public goods and quasi-Linear utility functions, any efficient and individually rational mechanism is not strategy-proof for any economy satisfying a mild segularity requirement.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1993-06.pdf
File Function: Fisrt version / Primera version, 1993
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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 1993-06.

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Length: 22 pages
Date of creation: Jul 1993
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:1993-06

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References

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  1. Mirman, Leonard J & Samuelson, Larry & Urbano, Amparo, 1993. "Monopoly Experimentation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(3), pages 549-63, August.
  2. Lin Zhou, 1990. "Inefficiency of Strategy-Proof Allocation Mechanisms in Pure Exchange Economies," Cowles Foundation Discussion Papers 954, Cowles Foundation for Research in Economics, Yale University.
  3. Antonio Villar Notario & Carmen Herrero Blanco, 1990. "Vector mappings with diagonal images," Working Papers. Serie AD 1990-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  4. Marhuenda, F, 1995. "Distribution of Income and Aggregation of Demand," Econometrica, Econometric Society, vol. 63(3), pages 647-66, May.
  5. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
  6. Begoña Subiza Martínez & Carmen Herrero Blanco, 1991. "A characterization of acyclic preferences on countable sets," Working Papers. Serie AD 1991-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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Cited by:
  1. Martín Browning, 1993. "Dual approaches to utility," Working Papers. Serie AD 1993-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  2. James Schummer, 1999. "Almost-dominant Strategy Implementation," Discussion Papers 1278, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

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