Weak monotonicity and Bayes-Nash incentive compatibility

Abstract

An allocation rule is called Bayes-Nash incentive compatible, if there exists a payment rule, such that truthful reports of agents’ types form a Bayes-Nash equilibrium in the direct revelation mechanism consisting of the allocation rule and the payment rule. This paper provides a characterization of Bayes-Nash incentive compatible allocation rules in social… (More)
DOI: 10.1016/j.geb.2007.01.008

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