Simple Mechanisms and Preferences for Honesty
Holden
Richard
author
Kartik
Navin
author
Columbia University. Economics
Tercieux
Olivier
author
Columbia University. Economics
originator
contributor
text
Working papers
New York
Department of Economics, Columbia University
2012
We consider full implementation in abstract complete-information environments when agents have an arbitrarily small preference for honesty. We offer a condition called separable punishment and show that when it holds and there are at least two agents, any social choice function can be implemented by a simple mechanism in two rounds of iterated deletion of strictly dominated strategies. We also extend our result to settings of incomplete information so long as there is non-exclusive information.
Economics
Department of Economics Discussion Papers
1213-06
http://hdl.handle.net/10022/AC:P:15208
English
NNC
NNC
2012-11-07 11:15:37 -0500
2012-11-07 11:19:15 -0500
9210
eng