依赖于报告的效用与策略证明性

Report-Dependent Utility and Strategy-Proofness

Management Science · 2022
被引 19
人大 A+FT50UTD24ABS 4*

中文导读

研究了在策略证明机制中,参与者为何会提交虚假偏好,发现当参与者从匹配结果中获得与报告相关的效用时,诚实并非总是最优,并提供了可检验的预测。

Abstract

Despite the truthful dominant strategy, participants in strategy-proof mechanisms submit manipulated preferences. In our model, participants dislike rejections and enjoy the confirmation from getting what they declare desirable. Formally, the payoff from a match decreases in its position in the submitted ranking such that a strategic trade-off between preference intensity and match probability arises. This trade-off can trigger the commonly observed self-selection strategies. We show that misrepresentations can persist for arbitrarily small report-dependent components. However, honesty is guaranteed to be optimal if and only if there is no conflict between the quality and feasibility of a match. We substantiate the theory with already existing evidence and provide novel testable predictions. This paper was accepted by Yan Chen, behavioral economics and decision analysis. Funding: This work was supported by UniCredit and Universities Foundation [Modigliani Research Grant 2020/2021] and Deutsche Forschungsgemeinschaft [Grant 280092119]. Supplemental Material: The online appendix is available at https://doi.org/10.1287/mnsc.2022.4504 .

报告依赖效用策略证明性操纵偏好自选择策略