The Manipulability of Resource Allocation Mechanisms

William Thomson

The Review of Economic Studies, 1984, vol. 51, issue 3, 447-460

Abstract: The vulnerability to manipulate behaviour of resource allocation mechanisms is evaluated by determining the Nash equilibria of associated manipulation games. Under manipulation, all monotonic correspondences are essentially equivalent to the Walrasian correspondence. For most non-monotonic correspondences of interest, the initial position appears at equilibrium to be efficient.

Date: 1984
References: Add references at CitEc
Citations: View citations in EconPapers (27)

Downloads: (external link)
http://hdl.handle.net/10.2307/2297433 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:restud:v:51:y:1984:i:3:p:447-460.

Access Statistics for this article

The Review of Economic Studies is currently edited by Thomas Chaney, Xavier d’Haultfoeuille, Andrea Galeotti, Bård Harstad, Nir Jaimovich, Katrine Loken, Elias Papaioannou, Vincent Sterk and Noam Yuchtman

More articles in The Review of Economic Studies from Review of Economic Studies Ltd
Bibliographic data for series maintained by Oxford University Press ().