Eliciting the socially optimal allocation from responsible agents

Détails

ID Serval
serval:BIB_FFDF8F516BB8
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Eliciting the socially optimal allocation from responsible agents
Périodique
Journal of Mathematical Economics
Auteur⸱e⸱s
Doğan B.
ISSN
0304-4068
Statut éditorial
Publié
Date de publication
12/2017
Peer-reviewed
Oui
Volume
73
Pages
103-110
Langue
anglais
Résumé
We consider designing a mechanism to allocate objects among agents without monetary transfers. There is a socially optimal allocation, which is commonly known by the agents but not observable by the designer. The designer possibly has information about the existence of responsible agents. A responsible agent, when indifferent between his objects at two different allocations, prefers the first allocation to the second if the first allocation is closer to the optimal allocation than the second, in the sense that all the agents who are allocated their optimal objects in the second allocation are allocated their optimal objects also in the first allocation, and there is at least one more agent in the first allocation receiving his optimal object. We show that, if the designer knows that there are at least three responsible agents, even if the identities of the responsible agents are not known, the optimal allocation can be elicited.
Mots-clé
Nash equilibrium, Implementation, Responsible agents
Création de la notice
20/10/2017 10:10
Dernière modification de la notice
20/08/2019 17:30
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