English

Ex-post implementation with interdependent values

Theoretical Economics 2021-08-24 v1

Abstract

We characterize ex-post implementable allocation rules for single object auctions under quasi-linear preferences with convex interdependent value functions. We show that requiring ex-post implementability is equivalent to requiring that the allocation rule must satisfy a condition that we call eventual monotonicity (EM), which is a weakening of monotonicity, a familiar condition used to characterize dominant strategy implementation.

Keywords

Cite

@article{arxiv.2108.09580,
  title  = {Ex-post implementation with interdependent values},
  author = {Saurav Goyal and Aroon Narayanan},
  journal= {arXiv preprint arXiv:2108.09580},
  year   = {2021}
}

Comments

17 pages

R2 v1 2026-06-24T05:18:41.157Z