| 000 | 01213nam a22001577a 4500 | ||
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| 999 |
_c517969 _d517969 |
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| 008 | 210806b ||||| |||| 00| 0 eng d | ||
| 100 |
_aSchummer, James Velez, Rodrigo A. _928780 |
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| 245 | _aSequential preference revelation in incomplete information settings | ||
| 260 | _aAmerican Economic Journal: Microeconomics | ||
| 300 | _a13(1), Feb, 2021: p.116-147 | ||
| 520 | _aStrategy-proof allocation rules incentivize truthfulness in simultaneous move games, but real world mechanisms sometimes elicit preferences sequentially. Surprisingly, even when the underlying rule is strategy-proof and non-bossy, sequential elicitation can yield equilibria where agents have a strict incentive to be untruthful. This occurs only under incomplete information, when an agent anticipates that truthful reporting would signal false private information about others’ references. We provide conditions ruling out this phenomenon, guaranteeing all equilibrium outcomes to be welfare-equivalent to truthful ones.- Reproduced | ||
| 650 |
_aStrategy-proofness; Sequential mechanisms; Implementation; Market design _928781 |
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| 773 | _aAmerican Economic Journal: Microeconomics | ||
| 906 | _aMARKET DESIGN | ||
| 942 | _cAR | ||