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Unrestricted Domain Extensions of Dominant Strategy Implementable Allocation Functions

Author

Listed:
  • Paul H. Edelman

    (Vanderbilt University)

  • John A Weymark

    (Vanderbilt University)

Abstract

It is shown that any one-person dominant strategy implementable allocation function on a restricted domain of types can be extended to the unrestricted domain in such a way that dominant strategy implementability is preserved when utility is quasilinear. A sufficient condition is identified for which this extension is essentially unique.

Suggested Citation

  • Paul H. Edelman & John A Weymark, 2018. "Unrestricted Domain Extensions of Dominant Strategy Implementable Allocation Functions," Vanderbilt University Department of Economics Working Papers 18-00003, Vanderbilt University Department of Economics.
    • Handle: RePEc:van:wpaper:vuecon-sub-18-00003
    as

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    File URL: http://www.accessecon.com/pubs/VUECON/VUECON-18-00003.pdf
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    References listed on IDEAS

    as
    1. Katherine Cuff & Sunghoon Hong & Jesse Schwartz & Quan Wen & John Weymark, 2012. "Dominant strategy implementation with a convex product space of valuations," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 39(2), pages 567-597, July.
    2. Hongwei Gui & Rudolf M¨uller & Rakesh V. Vohra, 2004. "Dominant Strategy Mechanisms with Multidimensional Types," Discussion Papers 1392, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Birgit Heydenreich & Rudolf Müller & Marc Uetz & Rakesh V. Vohra, 2009. "Characterization of Revenue Equivalence," Econometrica, Econometric Society, vol. 77(1), pages 307-316, January.
    4. Feess, E. & Schieble, M. & Walzl, M., 2004. "When should principals acquire verifiable information?," Research Memorandum 047, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    5. Rochet, Jean-Charles, 1987. "A necessary and sufficient condition for rationalizability in a quasi-linear context," Journal of Mathematical Economics, Elsevier, vol. 16(2), pages 191-200, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    dominant strategy incentive compatible; implementation theory; mechanism design;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

    NEP fields

    This paper has been announced in the following NEP Reports:

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