The Manipulability of Resource Allocation Mechanisms
Review of Economic Studies, 1984, vol. 51, issue 3, 447-460
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.
References: Add references at CitEc
Citations: View citations in EconPapers (23) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:oup:restud:v:51:y:1984:i:3:p:447-460.
Access Statistics for this article
Review of Economic Studies is currently edited by Andrea Prat, Bruno Biais, Kjetil Storesletten and Enrique Sentana
More articles in Review of Economic Studies from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().