Simple mechanisms and preferences for honesty

Navin Kartik, Olivier Tercieux () and Richard Holden
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Olivier Tercieux: PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: We consider full implementation in complete-information environments when agents have an arbitrarily small preference for honesty. We offer a condition called separable punishment and show that when it holds and there are at least two agents, any social choice function can be implemented by a simple mechanism in two rounds of iterated deletion of strictly dominated strategies.

Keywords: Behavioral mechanism design; Implementation; Lying costs; Separable domain (search for similar items in EconPapers)
Date: 2014-01
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Citations: View citations in EconPapers (62)

Published in Games and Economic Behavior, 2014, 83, pp.284-290. ⟨10.1016/j.geb.2013.11.011⟩

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Journal Article: Simple mechanisms and preferences for honesty (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-00943301

DOI: 10.1016/j.geb.2013.11.011

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