Abstract
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.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1749-1772 |
| Number of pages | 24 |
| Journal | Econometrica |
| Volume | 78 |
| Issue number | 5 |
| DOIs | |
| State | Published - Sep 2010 |
| Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics
Keywords
- Cyclic monotonicity
- Dominant strategies
- Implementable
- Monotone