Monotonicity and Implementability

Consider an environment with a finite number of alternatives, and agents with private values and quasilinear utility functions. A domain of valuation functions for an agent is a monotonicity domain if every finite-valued monotone randomized allocation rule defined on it is implementable in dominant...

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Bibliographic Details
Main Authors: Ashlagi, Itai (Contributor), Braverman, Mark (Author), Hassidim, Avinatan (Contributor), Monderer, Dov (Author)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Econometric Society, 2011-05-25T20:08:20Z.
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Description
Summary:Consider an environment with a finite number of alternatives, and agents with private values and quasilinear utility functions. A domain of valuation functions for an agent is a monotonicity domain if every finite-valued monotone randomized allocation rule defined on it is implementable in dominant strategies. We fully characterize the set of all monotonicity domains.
Israeli Science Foundation
Technion, Israel Institute of Technology