Almost-dominant strategy implementation: exchange economies

成果类型:
Article
署名作者:
Schummer, J
署名单位:
Northwestern University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2003.08.002
发表日期:
2004
页码:
154-170
关键词:
Strategy-proofness almost dominant strategy epsilon-dominant
摘要:
We relax strategy-proofness (a form of dominant strategy implementation) by allowing small gains from manipulation. In 2-agent exchange economies, this relaxation is shown to have a discontinuous effect on the range of efficient rules, demonstrating a type of non-robustness in previous impossibility results. When gains are measured with respect to a single good and preferences are linear, we characterize a particular rule as being the most equitable among all efficient rules satisfying the relaxation. (C) 2003 Elsevier Inc. All rights reserved.