On the existence of optimal truth-dominant mechanisms

Economics Letters

Volumn 53, Issue 1, 1996, Pages 17-24

  Tian, Guoqiang ^a  

^a TEXAS A AND M UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030251045     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(96)00891-9     Document Type: Article

References (13)

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4. Groves, T. and M. Loeb, 1975, Incentives and public inputs, Journal of Public Economics 4, 211-226.
5. Hurwicz, L., 1975, On the existence of allocation systems whose manipulative Nash equilibria are pareto optimal, presented at the Third World Congress of the Econometric Society, Toronto.
6. Hurwicz, L., 1979, Outcome function yielding Walrasian and Lindahl allocations at Nash equilibrium point, Review of Economic Studies 46, 217-225.
7. Hurwicz, L. and M. Walker, 1990, On the generic nonoptimality of dominant-strategy allocation mechanism: A general theorem that includes pure exchange economies, Econometrica 58, 683-704.
8. Laffont, J.-J. and E. Maskin, 1980, A differential approach to dominant strategy, Econometrica 48, 1507-1520.
9. Maskin, E., 1977, Nash equilibrium and welfare optimality, Working Paper, M.I.T., October.
10. Moore, J. and R. Repullo, 1988, Subgame perfect implementation, Econometrica 56, 1191-1220.
11. Tian, G., 1989, Implementation of the Lindahl correspondence by a single-valued, feasible, and continuous mechanism, Review of Economic Studies 56, 613-621.
12. Walker, M., 1980, On the nonexistence of a dominant strategy mechanism for making optimal public decisions, Econometrica 488, 1521-1540.
13. Walker, M., 1981, A simple incentive compatible scheme for attaining Lindahl allocations, Econometrica 48, 65-71.