Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5071628 | Games and Economic Behavior | 2015 | 16 Pages |
Abstract
I consider a standard implementation problem under complete information when agents have a minimal degree of honesty. In particular, I assume that agents are white lie averse: they strictly prefer to tell the truth whenever lying has no effect on their material payoff. I show that if there are at least five agents who are all white lie averse and if I impose either of two refinements of Nash equilibrium, then a simple direct mechanism fully implements any social choice function.
Related Topics
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Authors
Juan Ortner,