Partial ex-post verifiability and unique implementation of social choice functions
研究了在事后部分可验证条件下,社会选择函数能否通过迭代占优策略被唯一实施,发现只要状态空间满足“完全检测”条件,即使事后可验证信息非常有限,任何社会选择函数都能被唯一实施。
Abstract This study investigates the unique implementation of a social choice function in iterative dominance in the ex-post term. We assume partial ex-post verifiability; that is, after determining an allocation, the central planner can observe partial information about the state as verifiable. We demonstrate a condition of the state space, termed “full detection,” and show that with full detection, any social choice function is uniquely implementable even if the information that can be verified ex-post is very limited. To prove this, we construct a dynamic mechanism according to which each player announces his (or her) private signal, before the other players observe this signal, at an earlier stage, and each player also announces the state at a later stage. In this construction, we can impose several severe restrictions such as boundedness, permission of only tiny transfers off the equilibrium path, and no permission of transfers on the equilibrium path. This study does not assume either expected utility or quasi-linearity.