Title
Dominant strategy implementation with a convex product space of valuations
Abstract
A necessary and sufficient condition for dominant strategy implementability when preferences are quasilinear is that, for every individual i and every choice of the types of the other individuals, all k-cycles in i’s allocation graph have nonnegative length for every integer k ≥ 2. Saks and Yu (Proceedings of the 6th ACM conference on electronic commerce (EC’05), pp 286–293, 2005) have shown that when the number of outcomes is finite and i’s valuation type space is convex, nonnegativity of the length of all 2-cycles is sufficient for the nonnegativity of the length of all k-cycles. In this article, it is shown that if each individual’s valuation type space is a full-dimensional convex product space and a mild domain regularity condition is satisfied, then (i) the nonnegativity of all 2-cycles implies that all k-cycles have zero length and (ii) all 2-cycles having zero length is necessary and sufficient for dominant strategy implementability.
Year
DOI
Venue
2012
10.1007/s00355-011-0604-8
Social Choice and Welfare
Keywords
Field
DocType
mechanism design,product space,satisfiability,revenue equivalence,electronic commerce,valuation
Integer,Discrete mathematics,Graph,Mathematical economics,Strategic dominance,Regular polygon,Mechanism design,Product topology,Revenue equivalence,Valuation (finance),Mathematics
Journal
Volume
Issue
ISSN
39
2-3
1432-217X
Citations 
PageRank 
References 
2
0.44
6
Authors
5
Name
Order
Citations
PageRank
Katherine Cuff161.10
Sung-Hoon Hong274.43
JESSE A. SCHWARTZ330.92
Quan Wen4135.09
John A. Weymark57817.52