Continuity and incentive compatibility in cardinal mechanisms

Autor: Lars Ehlers, Arunava Sen, Dipjyoti Majumdar, Debasis Mishra
Rok vydání: 2020
Předmět:
Zdroj: Journal of Mathematical Economics. 88:31-41
ISSN: 0304-4068
DOI: 10.1016/j.jmateco.2020.02.004
Popis: In models without transfers, we show that every cardinal incentive compatible voting mechanism satisfying a continuity condition, can only take ordinal, but not cardinal information into account. Our results apply to many standard models in mechanism design without transfers, including the standard voting models with any domain restrictions.
Databáze: OpenAIRE