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Implementation in undominated strategies with partially honest agents

Author

Listed:
  • MUKHERJEE Saptarshi

    (Indian Institute of Technology, Delhi, India)

  • MUTO Nozomu

    (Yokohama National University, Japan)

  • RAMAEKERS Eve

    (Université catholique de Louvain, CORE, Belgium)

Abstract

We consider implementation in undominated strategies by bounded mechanisms. We provide a complete characterization of the class of social choice correspondences that are implementable when agents are partially honest, in the sense that they have strict preferences for being sincere when truthfulness does no result in a worse outcome. As an application, we show that the Pareto correspondence is implemented by a finite mechanism.

Suggested Citation

  • MUKHERJEE Saptarshi & MUTO Nozomu & RAMAEKERS Eve, 2017. "Implementation in undominated strategies with partially honest agents," LIDAM Discussion Papers CORE 2017011, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2017011
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    Cited by:

    1. Michele Lombardi & Naoki Yoshihara, 2020. "Partially-honest Nash implementation: a full characterization," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(3), pages 871-904, October.
    2. Mukherjee, Saptarshi, 2018. "Implementation in undominated strategies by bounded mechanisms: Some results on compromise alternatives," Research in Economics, Elsevier, vol. 72(3), pages 384-391.
    3. Mukherjee, Saptarshi & Muto, Nozomu & Sen, Arunava, 2024. "Implementation in undominated strategies with applications to auction design, public good provision and matching," Journal of Economic Theory, Elsevier, vol. 216(C).
    4. Hitoshi Matsushima, 2020. "Implementation, Honesty, and Common Knowledge," CARF F-Series CARF-F-500, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    5. Matsushima, Hitoshi, 2022. "Epistemological implementation of social choice functions," Games and Economic Behavior, Elsevier, vol. 136(C), pages 389-402.
    6. Hitoshi Matsushima, 2022. "Honesty and Epistemological Implementation of Social Choice Functions with Asymmetric Information," CARF F-Series CARF-F-549, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    7. Savva, Foivos, 2018. "Strong implementation with partially honest individuals," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 27-34.
    8. Mukherjee, Saptarshi & Muto, Nozomu & Ramaekers, Eve & Sen, Arunava, 2019. "Implementation in undominated strategies by bounded mechanisms: The Pareto correspondence and a generalization," Journal of Economic Theory, Elsevier, vol. 180(C), pages 229-243.
    9. Altun, Ozan Altuğ & Barlo, Mehmet & Dalkıran, Nuh Aygün, 2023. "Implementation with a sympathizer," Mathematical Social Sciences, Elsevier, vol. 121(C), pages 36-49.
    10. Hagiwara, Makoto, 2019. "Double implementation without no-veto-power," Mathematical Social Sciences, Elsevier, vol. 101(C), pages 124-130.
    11. Savva, Foivos, 2021. "Motives and implementation with rights structures," Economics Letters, Elsevier, vol. 204(C).
    12. Hagiwara, Makoto, 2018. "A simple mechanism for double implementation with semi-socially-responsible agents," Economics Letters, Elsevier, vol. 171(C), pages 51-53.

    More about this item

    Keywords

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    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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