کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7359588 1478745 2015 18 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Implementability under monotonic transformations in differences
ترجمه فارسی عنوان
پیاده سازی تحت تحولات مونوتونی در تفاوت ها
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
In a social choice setting with quasilinear preferences and monetary transfers, a domain D of admissible valuations is called a monotonicity domain if every 2-cycle monotone allocation rule is truthfully implementable (in dominant strategies). D is called a revenue equivalence domain if every implementable allocation rule satisfies the revenue equivalence property. We introduce the notions of monotonic transformations in differences, which can be interpreted as extensions of Maskin's monotonic transformations to quasilinear environments, and show that if D admits these transformations then it is a monotonicity and revenue equivalence domain. Our proofs are elementary and do not rely on strenuous additional machinery. We illustrate monotonic transformations in differences for settings with finite and infinite allocation sets.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 160, December 2015, Pages 114-131
نویسندگان
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