Weak monotonicity characterizes deterministic dominant-strategy implementation

Sushil Bikhchandani*, Shurojit Chatterji, Ron Lavi, Ahuva Mu'alem, Noam Nisan, Arunava Sen

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

121 Scopus citations

Abstract

We characterize dominant-strategy incentive compatibility with multidimensional types. A deterministic social choice function is dominant-strategy incentive compatible if and only if it is weakly monotone (W-Mon). The W-Mon requirement is the following: If changing one agent's type (while keeping the types of other agents fixed) changes the outcome under the social choice function, then the resulting difference in utilities of the new and original outcomes evaluated at the new type of this agent must be no less than this difference in utilities evaluated at the original type of this agent.

Original languageAmerican English
Pages (from-to)1109-1132
Number of pages24
JournalEconometrica
Volume74
Issue number4
DOIs
StatePublished - Jul 2006

Keywords

  • Dominant-strategy implementation
  • Multi-object auctions

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