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The relation between non-bossiness and monotonicity

Hideki Mizukami and Takuma Wakayama

Mathematical Social Sciences, 2009, vol. 58, issue 2, 256-264

Abstract: It is a well-known fact that in some economic environments, non-bossiness and monotonicity are interrelated. In this paper, we have presented a new domain-richness condition called weak monotonic closedness, on which non-bossiness in conjunction with individual monotonicity is equivalent to monotonicity. Moreover, by applying our main result to several types of economies, we have obtained characterizations in terms of non-bossiness.

Keywords: Non-bossiness; Individual; monotonicity; Monotonicity; Weak; monotonic; closedness (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (8)

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