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Simple mechanisms and preferences for honesty

  • Kartik, Navin
  • Tercieux, Olivier
  • Holden, Richard

We consider full implementation in complete-information environments when agents have an arbitrarily small preference for honesty. We offer a condition called separable punishment and show that when it holds and there are at least two agents, any social choice function can be implemented by a simple mechanism in two rounds of iterated deletion of strictly dominated strategies.

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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 83 (2014)
Issue (Month): C ()
Pages: 284-290

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Handle: RePEc:eee:gamebe:v:83:y:2014:i:c:p:284-290
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622836

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