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.
All Science Journal Classification (ASJC) codes
- Economics and Econometrics
- Cyclic monotonicity
- Dominant strategies