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On Robust Constitution Design

  • Auriol, Emmanuelle
  • Gary-Bobo, Robert J.

We study a class of representation mechanisms, based on reports made by a random subset of agents, called representatives, in a collective choice problem with quasi-linear utilities. We do not assume the existence of a common prior probability describing the distribution of preference types. In addition, there is no benevolent planner. An individual who cannot be assumed impartial, a self-interested executive, will carry out decisions. These assumptions impose new constraints on Mechanism Design. A robust mechanism is defined as maximizing expected welfare under a vague prior probability distribution, and over a set of mechanisms which is at the same time immune from opportunistic manipulations by the executive, and compatible with truthful revelation of preferences by representatives. Robust mechanisms are characterized and their existence is shown. Sampling Groves mechanisms are shown to be robust.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3303.

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Date of creation: Apr 2002
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Handle: RePEc:cpr:ceprdp:3303
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  1. Dennis Mueller & Robert Tollison & Thomas Willett, 1972. "Representative democracy via random selection," Public Choice, Springer, vol. 12(1), pages 57-68, March.
  2. Maskin, Eric & Moore, John, 1999. "Implementation and Renegotiation," Review of Economic Studies, Wiley Blackwell, vol. 66(1), pages 39-56, January.
  3. Stephen Morris & Dirk Bergemann, 2004. "Robust Mechanism Design," Yale School of Management Working Papers ysm380, Yale School of Management.
  4. Laffont, Jean-Jacques & Martimort, David, 1998. "Mechanism Design with Collusion and Correlation," IDEI Working Papers 81, Institut d'Économie Industrielle (IDEI), Toulouse.
  5. Gordon Tullock, 1977. "Practical problems and practical solutions," Public Choice, Springer, vol. 29(2), pages 27-35, March.
  6. Emmanuelle Auriol & Robert J. Gary-Bobo, 1998. "On the Optimal Number of Representatives," Discussion Papers 1286, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  7. Moulin, H., 1986. "Characterizations of the pivotal mechanism," Journal of Public Economics, Elsevier, vol. 31(1), pages 53-78, October.
  8. Auriol, Emmanuelle & Gary-Bobo, Robert, 2001. "On Robust Constitution Design," IDEI Working Papers 136, Institut d'Économie Industrielle (IDEI), Toulouse, revised Aug 2006.
  9. Holmstrom, Bengt, 1979. "Groves' Scheme on Restricted Domains," Econometrica, Econometric Society, vol. 47(5), pages 1137-44, September.
  10. Ledyard, John O., . "Incentive Compatibility and Incomplete Information," Working Papers 187, California Institute of Technology, Division of the Humanities and Social Sciences.
  11. Jeffrey C. Ely & Kim-Sau Chung, 2004. "Foundations of Dominant Strategy Mechanisms," Econometric Society 2004 North American Summer Meetings 169, Econometric Society.
  12. Gary-Bobo, Robert J. & Jaaidane, Touria, 2000. "Polling mechanisms and the demand revelation problem," Journal of Public Economics, Elsevier, vol. 76(2), pages 203-238, May.
  13. Holmstrom, Bengt & Myerson, Roger B, 1983. "Efficient and Durable Decision Rules with Incomplete Information," Econometrica, Econometric Society, vol. 51(6), pages 1799-819, November.
  14. Makowski, Louis & Ostroy, Joseph M., 1987. "Vickrey-Clarke-Groves mechanisms and perfect competition," Journal of Economic Theory, Elsevier, vol. 42(2), pages 244-261, August.
  15. Hagerty, Kathleen M. & Rogerson, William P., 1987. "Robust trading mechanisms," Journal of Economic Theory, Elsevier, vol. 42(1), pages 94-107, June.
  16. repec:cup:cbooks:9780521424585 is not listed on IDEAS
  17. Green, Jerry & Laffont, Jean-Jacques, 1977. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods," Econometrica, Econometric Society, vol. 45(2), pages 427-38, March.
  18. Palfrey, Thomas R. & Srivastava, Sanjay, 1991. "Efficient trading mechanisms with pre-play communication," Journal of Economic Theory, Elsevier, vol. 55(1), pages 17-40, October.
  19. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July.
  20. Ilya Segal, 2003. "Optimal Pricing Mechanisms with Unknown Demand," American Economic Review, American Economic Association, vol. 93(3), pages 509-529, June.
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