Strategy-proofness versus efficiency in exchange economies: General domain properties and applications
Strategy-proofness versus efficiency in exchange economies: General domain properties and applications
复制标题
交换经济中的策略验证与效率：一般领域属性和应用
DOI：
10.1007/s00355-003-0202-5
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发表时间：
2003
影响因子：
0.9
通讯作者：
Biung
中科院分区：
文献类型：
--
作者：
Biung
我们确定了导致 2 代理交换经济中不存在高效、策略证明和非独裁规则的一般领域属性。应用这些属性，我们在几个受限领域建立了不可能性结果；例如，跨期交换问题（没有节省技术），其偏好由时间效用函数的贴现和表示，风险厌恶预期效用偏好的“风险分担问题”，CES偏好域等。早期的研究都不适用于这些例子。
We identify general domain properties that induce the non-existence ofefficient,strategy-proof, andnon-dictatorialrules in the 2-agent exchange economy. Applying these properties, we establish impossibility results in several restricted domains; for example, the intertemporal exchange problem (without saving technology) with preferences represented by the discounted sum of a temporal utility function, the “risk sharing problem” with risk averse expected utility preferences, the CES-preference domain, etc. None of the earlier studies applies to these examples.