Characterizations of the pivotal mechanism
Characterizations of the pivotal mechanism
复制标题
关键机制的特征
DOI:
10.1016/0047-2727(86)90071-x
复制
发表时间:
1986
影响因子:
9.8
通讯作者:
H. Moulin
中科院分区:
文献类型:
--
作者:
H. Moulin
The pivotal mechanism is strategyproof (demand revealing) in public decision problems where preferences are quasi-linear. Moreover, no agent has an incentive to “free ride” by withdrawing from the committee and consuming whatever decision is taken by the remaining agents. Strategyproofness plus No Free Ride characterize the pivotal mechanism. This mechanism is anonymous and neutral. Yet together Strategyproofness, Anonymity and Neutrality donotcharacterize it. They will, however, if reasonable lower (or upper) bounds on final utilities are imposed. Our last characterization of the pivotal mechanism uses the No Free Ride axiom and two mild monotonicity properties, but not Strategyproofness.