On the generic impossibility of truthful behavior: A simple approach

• Autores: Carmen Beviá Baeza, Luis C. Corchón Díaz
• Localización: Working papers = Documentos de trabajo: Serie AD, Nº. 6, 1993, págs. 1-22
• Idioma: inglés
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• Resumen

  • 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.