English

Strategy-proof allocation with outside option

Theoretical Economics 2021-01-05 v2

Abstract

Strategy-proof mechanisms are widely used in market design. In an abstract allocation framework where outside options are available to agents, we obtain two results for strategy-proof mechanisms. They provide a unified foundation for several existing results in distinct models and imply new results in some models. The first result proves that, for individually rational and strategy-proof mechanisms, pinning down every agent's probability of choosing his outside option is equivalent to pinning down a mechanism. The second result provides a sufficient condition for two strategy-proof mechanisms to be equivalent when the number of possible allocations is finite.

Keywords

Cite

@article{arxiv.2009.05311,
  title  = {Strategy-proof allocation with outside option},
  author = {Jun Zhang},
  journal= {arXiv preprint arXiv:2009.05311},
  year   = {2021}
}

Comments

35 pages

R2 v1 2026-06-23T18:28:04.377Z