On the generic impossibility of truthful behavior: A simple approach

  1. Carmen Beviá Baeza
  2. Luis Corchón Díaz
Zeitschrift:
Working papers = Documentos de trabajo: Serie AD

Datum der Publikation: 1993

Nummer: 6

Seiten: 1-22

Art: Arbeitsdokument

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Zusammenfassung

We provide an elementary proof showing how in economies with an arbitrary number of agents an arbitrary number of public goods and quasi-Linear utility functions, any efficient and individually rational mechanism is not strategy-proof for any economy satisfying a mild segularity requirement.

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