Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072457 | Games and Economic Behavior | 2010 | 28 Pages |
Abstract
Under suitable domain restrictions, we give an explicit characterization of all incentive-constrained efficient allocation rules. We then show that there exists a unique incentive-constrained efficient and demand-monotonic allocation rule: the so-called serial rule. In the binary public good case, the serial rule is also the only incentive-constrained efficient and population-monotonic rule.
Related Topics
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Authors
François Maniquet, Yves Sprumont,