English

Robust Market Design with Opaque Announcements

Theoretical Economics 2024-08-09 v1

Abstract

We introduce a framework where the announcements of a clearinghouse about the allocation process are opaque in the sense that there can be more than one outcome compatible with a realization of type reports. We ask whether desirable properties can be ensured under opacity in a robust sense. A property can be guaranteed under an opaque announcement if every mechanism compatible with it satisfies the property. We find an impossibility result: strategy-proofness cannot be guaranteed under any level of opacity. In contrast, in some environments, weak Maskin monotonicity and non-bossiness can be guaranteed under opacity.

Keywords

Cite

@article{arxiv.2408.04509,
  title  = {Robust Market Design with Opaque Announcements},
  author = {Aram Grigoryan and Markus Möller},
  journal= {arXiv preprint arXiv:2408.04509},
  year   = {2024}
}
R2 v1 2026-06-28T18:07:47.602Z