Implementation by Gradual Revelation
研究了在逐步揭示机制中实施分配规则的可行性,发现事后单调性条件足以实现预算平衡,并扩展了随机分配下的单调性条件。
We investigate the feasibility of implementing an allocation rule with a gradual‐revelation mechanism in which agents reveal their private information over time (rather than all at once). With independently distributed types, private values, and transferable utilities satisfying a single‐crossing property, an ex‐post monotonicity condition is sufficient for budget‐balanced implementation of any incentive‐compatible allocation rule with any gradual‐revelation scheme. When we extend the single‐crossing property over the set of randomized allocations, a weaker monotonicity condition is necessary and sufficient for budget‐balanced implementation by gradual revelation.