TY - JOUR
T1 - Truthful implementation and preference aggregation in restricted domains
AU - Carbajal, Juan Carlos
AU - McLennan, Andrew
AU - Tourky, Rabee
PY - 2013/5
Y1 - 2013/5
N2 - In a setting where agents have quasi-linear utilities over social alternatives and a transferable commodity, we consider three properties that a social choice function may possess: truthful implementation (in dominant strategies); monotonicity in differences; and lexicographic affine maximization. We introduce the notion of a flexible domain of preferences that allows elevation of pairs and study which of these conditions implies which others in such domain. We provide a generalization of the theorem of Roberts (1979) [36] in restricted valuation domains. Flexibility holds (and the theorem is not vacuous) if the domain of valuation profiles is restricted to the space of continuous functions defined on a compact metric space, or the space of piecewise linear functions defined on an affine space, or the space of smooth functions defined on a compact differentiable manifold. We provide applications of our results to public goods allocation settings, with finite and infinite alternative sets.
AB - In a setting where agents have quasi-linear utilities over social alternatives and a transferable commodity, we consider three properties that a social choice function may possess: truthful implementation (in dominant strategies); monotonicity in differences; and lexicographic affine maximization. We introduce the notion of a flexible domain of preferences that allows elevation of pairs and study which of these conditions implies which others in such domain. We provide a generalization of the theorem of Roberts (1979) [36] in restricted valuation domains. Flexibility holds (and the theorem is not vacuous) if the domain of valuation profiles is restricted to the space of continuous functions defined on a compact metric space, or the space of piecewise linear functions defined on an affine space, or the space of smooth functions defined on a compact differentiable manifold. We provide applications of our results to public goods allocation settings, with finite and infinite alternative sets.
KW - Domain restrictions
KW - Lexicographic affine maximization
KW - Monotonicity in differences
KW - Roberts' theorem
KW - Truthful implementation
UR - http://www.scopus.com/inward/record.url?scp=84877622707&partnerID=8YFLogxK
U2 - 10.1016/j.jet.2012.11.001
DO - 10.1016/j.jet.2012.11.001
M3 - Article
SN - 0022-0531
VL - 148
SP - 1074
EP - 1101
JO - Journal of Economic Theory
JF - Journal of Economic Theory
IS - 3
ER -