Dominant strategy implementation of stable rules

成果类型:
Article
署名作者:
Kumano, Taro; Watabe, Masahiro
署名单位:
Washington University (WUSTL); Zirve University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2011.11.008
发表日期:
2012
页码:
428-434
关键词:
Deferred acceptance algorithm Dominant strategy implementation STABILITY Weak nonbossiness multiple equilibria
摘要:
Most priority-based assignment problems are solved using the deferred acceptance algorithm. Kojima (2010) shows that stability and nonbossiness are incompatible. We show that the deferred acceptance algorithm satisfies a weaker notion of nonbossiness for every substitutable priority structure. We also discuss the multiplicity of dominant strategy equilibria of the preference revelation game induced by the deferred acceptance algorithm. We show that even untruthful dominant strategy equilibria lead to the truthful equilibrium outcome. In other words, the deferred acceptance algorithm is dominant strategy implementable. (C) 2011 Elsevier Inc. All rights reserved.