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Joint misrepresentation with bribes

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  • Nanyang Bu

Abstract

We study the problem of assigning objects to buyers. Monetary transfers are allowed. Each buyer’s preference space contains, but is not limited to, the linear additively separable preferences. A rule maps each preference profile to an allocation. We are concerned about the possibility that a group of buyers may engage in the following kind of manipulation: They make side payments internally and then carry out a joint misrepresentation. A rule is strongly group strategy-proof if no group can gain by engaging in such operations. We also consider several other appealing requirements. We find that the posted-price rules are the only one that satisfies non-triviality, non-imposition, envy-freeness, and strong group strategy-proofness. Copyright Springer-Verlag Berlin Heidelberg 2016

Suggested Citation

  • Nanyang Bu, 2016. "Joint misrepresentation with bribes," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(1), pages 115-125, January.
    • Handle: RePEc:spr:joecth:v:61:y:2016:i:1:p:115-125
    DOI: 10.1007/s00199-014-0819-x
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    References listed on IDEAS

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    Cited by:

    1. Hiroki Shinozaki, 2022. "Characterizing pairwise strategy-proof rules in object allocation problems with money," ISER Discussion Paper 1187, Institute of Social and Economic Research, Osaka University.
    2. Hagen, Martin, 2023. "Collusion-proof mechanisms for multi-unit procurement," Games and Economic Behavior, Elsevier, vol. 138(C), pages 281-298.

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    More about this item

    Keywords

    Assigning objects with transfers; Strong group strategy-proofness; Posted-price rules; C70; D63; D70;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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