Monotonicity and Implementability

doi:10.3982/ECTA8882

Monotonicity and Implementability

2010-01-01

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DOI：10.3982/ECTA8882

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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.

Keyword:

Monotone

cyclic monotonicity

implementable

dominant strategies

Monotonicity and Implementability

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