Collusion-proof and fair auctions

Martin Hagen ()

Economics Letters, 2019, vol. 185, issue C

Abstract: In the standard auction model, we provide a necessary and sufficient condition on the value domain under which non-trivial mechanisms exist that satisfy group strategy-proofness and symmetry. In particular, this condition is satisfied (violated) if values are drawn from a finite set (an interval).

Keywords: Mechanism design; Social choice theory; Auctions; Group strategy-proofness; Symmetry (search for similar items in EconPapers)
JEL-codes: C72 D44 D71 D82 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176519303404
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:185:y:2019:i:c:s0165176519303404

DOI: 10.1016/j.econlet.2019.108682

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().