Monotonicity and Implementability
研究了在有限备选方案、私人估值和拟线性效用环境下,单调性域的特征,即所有有限值单调随机分配规则都可实施为占优策略的估值函数域。
Consider an environment with a finite number of alternatives, and agents with private values and quasilinear utility functions. A domain of valuation functions for an agent is a monotonicity domain if every finite-valued monotone randomized allocation rule defined on it is implementable in dominant strategies. We fully characterize the set of all monotonicity domains. Copyright 2010 The Econometric Society.