On the Generic Impossibility of Truthful Behavior: A Simple Approach

Carmen Bevia () and Luis C. Corchon ()

Economic Theory, 1995, vol. 6, issue 2, pages 365-71

Abstract: We provide an elementary proof showing how in economics with an arbitrary number of agents an arbitrary number of public goods and utility functions quasi-linear in money, any efficient and individually rational mechanism is not strategy-proof for any economy satisfying a mild regularity requirement.

Date: 1995
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Working Paper: ON THE GENERIC IMPOSSIBILITY OF TRUTHFUL BEHAVIOR: A SIMPLE APPROACH (1993)
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