Dominant Strategy Implementation in Economic Environments
We study dominant strategy implementation especially in economic environments. We first show that in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelationmechanism. We next prove that in weak separable environments, strategy-proofness is sufficient for dominant strategy implementation, by using an augmented revelation mechanism similar to the one devised by Jackson et al. (1994). Moreover, we focus on pure exchange economies without free disposal, and try to construct another augmented revelation mechanism that satisfies balancedness in and out of equilibrium, and which implements all strategy-proof social choice functions in dominant strategy equilibria.
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- Barbera, Salvador & Jackson, Matthew O, 1995.
Econometric Society, vol. 63(1), pages 51-87, January.
- Saijo, Tatsuyoshi & Tatamitani, Yoshikatsu & Yamato, Takehiko, 1996.
"Toward Natural Implementation,"
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Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(4), pages 949-980, November.
- Palfrey, Thomas R & Srivastava, Sanjay, 1989. "Implementation with Incomplete Information in Exchange Economies," Econometrica, Econometric Society, vol. 57(1), pages 115-134, January.
- Sjostrom, Tomas & Yamato, Takehiko & Saijo, Tatsuyoshi, 2007.
Econometric Society, vol. 2(3), September.
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- Jackson Matthew O. & Palfrey Thomas R. & Srivastava Sanjay, 1994.
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Elsevier, vol. 6(3), pages 474-501, May.
- Matthew O. Jackson, 1990. "Undominated Nash Implementation in Bounded Mechanisms," Discussion Papers 966, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Matthew, Jackson O. & Palfrey, Thomas R. & Srivastava, Sanjay., 1990. "Undominated Nash Implementation in Bounded Mechanism," Working Papers 754, California Institute of Technology, Division of the Humanities and Social Sciences.
- Laffont, Jean-Jacques & Maskin, Eric, 1982. "Nash and dominant strategy implementation in economic environments," Journal of Mathematical Economics, Elsevier, vol. 10(1), pages 17-47, June.
- Matthew O. Jackson, 1992.
"Implementation in Undominated Strategies: A Look at Bounded Mechanisms,"
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Oxford University Press, vol. 59(4), pages 757-775.
- Matthew 0. Jackson, 1989. "Implementation in Undominated Strategies - A Look at Bounded Mechanisms," Discussion Papers 833, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Sjostrom, T., 1991.
"Implementation in Undominated Nash Equilibria without Integer Games,"
491, Stockholm - International Economic Studies.
- Sjostrom Tomas, 1994. "Implementation in Undominated Nash Equilibria without Integer Games," Games and Economic Behavior, Elsevier, vol. 6(3), pages 502-511, May.
- Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
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Springer;The Society for Social Choice and Welfare, vol. 18(4), pages 655-708.
- Dilip Mookherjee & Stefan Reichelstein, 1990. "Implementation via Augmented Revelation Mechanisms," Review of Economic Studies, Oxford University Press, vol. 57(3), pages 453-475.
- Partha Dasgupta & Peter Hammond & Eric Maskin, 1979. "The Implementation of Social Choice Rules: Some General Results on Incentive Compatibility," Review of Economic Studies, Oxford University Press, vol. 46(2), pages 185-216.
- Postlewaite, Andrew & Schmeidler, David, 1986. "Implementation in differential information economies," Journal of Economic Theory, Elsevier, vol. 39(1), pages 14-33, June.
- Dirk Bergemann & Stephen Morris, 2005.
"Robust Implementation: The Role of Large Type Spaces,"
784828000000000116, UCLA Department of Economics.
- Dirk Bergemann & Stephen Morris, 2005. "Robust Implementation: The Role of Large Type Spaces," Cowles Foundation Discussion Papers 1519, Cowles Foundation for Research in Economics, Yale University.
- Ritz, Zvi, 1983. "Restricted domains, arrow-social welfare functions and noncorruptible and non-manipulable social choice correspondences: The case of private alternatives," Mathematical Social Sciences, Elsevier, vol. 4(2), pages 155-179, April.
- 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.
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