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On The Generic Impossibility Of Truthful Behavior: A Simple Approach

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Listed:
  • Luis Corchón

    (Universidad de Alicante)

  • Carmen Beviá Baeza

    (Universidad Autónoma de Barcelona)

Abstract

We provide an elementary proof showing how in economies with an arbitrary number of agents an arbitrary number of public goods and quasi-Linear utility functions, any efficient and individually rational mechanism is not strategy-proof for any economy satisfying a mild segularity requirement.

Suggested Citation

  • Luis Corchón & Carmen Beviá Baeza, 1993. "On The Generic Impossibility Of Truthful Behavior: A Simple Approach," Working Papers. Serie AD 1993-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasad:1993-06
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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1993-06.pdf
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    References listed on IDEAS

    as
    1. Chakravorty, Bhaskar & Corchon, Luis C. & Wilkie, Simon, 2006. "Credible implementation," Games and Economic Behavior, Elsevier, vol. 57(1), pages 18-36, October.
    2. Marhuenda, F, 1995. "Distribution of Income and Aggregation of Demand," Econometrica, Econometric Society, vol. 63(3), pages 647-666, May.
    3. Herrero, Carmen & Villar, Antonio, 1991. "Vector mappings with diagonal images," Mathematical Social Sciences, Elsevier, vol. 22(1), pages 57-67, August.
    4. 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.
    5. Satterthwaite, Mark Allen, 1975. "Strategy-proofness and Arrow's conditions: Existence and correspondence theorems for voting procedures and social welfare functions," Journal of Economic Theory, Elsevier, vol. 10(2), pages 187-217, April.
    6. Mirman, Leonard J & Samuelson, Larry & Urbano, Amparo, 1993. "Monopoly Experimentation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(3), pages 549-563, August.
    7. Begoña Subiza Martínez & Carmen Herrero Blanco, 1991. "A characterization of acyclic preferences on countable sets," Working Papers. Serie AD 1991-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    8. Luis Corchón & Simon Wilkie, 1990. "Doubly implementing the ratio correspondence with a "natural" mechanism," Working Papers. Serie AD 1990-03, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    9. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
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    Cited by:

    1. James Schummer, 1999. "Almost-dominant Strategy Implementation," Discussion Papers 1278, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Ryan Tierney, 2016. "On the manipulability of efficient exchange rules," ISER Discussion Paper 0987, Institute of Social and Economic Research, Osaka University.
    3. Tierney, Ryan, 2019. "On the manipulability of efficient exchange rules," Theoretical Economics, Econometric Society, vol. 14(1), January.
    4. Martín Browning, 1993. "Dual approaches to utility," Working Papers. Serie AD 1993-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

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