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