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Weak monotonicity suffices for truthfulness on convex domains

Published: 05 June 2005 Publication History

Abstract

Weak monotonicity is a simple necessary condition for a social choice function to be implementable by a truthful mechanism. Roberts [10] showed that it is sufficient for all social choice functions whose domain is unrestricted. Lavi, Mu'alem and Nisan [6] proved the sufficiency of weak monotonicity for functions over order-based domains and Gui, Muller and Vohra [5] proved sufficiency for order-based domains with range constraints and for domains defined by other special types of linear inequality constraints. Here we show the more general result, conjectured by Lavi, Mu'alem and Nisan [6], that weak monotonicity is sufficient for functions defined on any convex domain.

References

[1]
A. Archer and E. Tardos. Truthful mechanisms for one-parameter agents. In IEEE Symposium on Foundations of Computer Science, pages 482--491, 2001.
[2]
Y. Bartal, R. Gonen, and N. Nisan. Incentive compatible multi unit combinatorial auctions. In TARK '03: Proceedings of the 9th conference on Theoretical aspects of rationality and knowledge, pages 72--87. ACM Press, 2003.
[3]
S. Bikhchandani, S. Chatterjee, and A. Sen. Incentive compatibility in multi-unit auctions. Technical report, UCLA Department of Economics, Dec. 2004.
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A. Goldberg, J. Hartline, A. Karlin, M. Saks and A. Wright. Competitive Auctions, 2004.
[5]
H. Gui, R. Muller, and R. Vohra. Dominant strategy mechanisms with multidimensional types. Technical Report 047, Maastricht: METEOR, Maastricht Research School of Economics of Technology and Organization, 2004. available at http://ideas.repec.org/p/dgr/umamet/2004047.html.
[6]
R. Lavi, A. Mu'alem, and N. Nisan. Towards a characterization of truthful combinatorial auctions. In FOCS '03: Proceedings of the 44th Annual IEEE Symposium on Foundations of Computer Science, page 574. IEEE Computer Society, 2003.
[7]
D. Lehmann, L. O'Callaghan, and Y. Shoham. Truth revelation in approximately efficient combinatorial auctions. J. ACM, 49(5):577--602, 2002.
[8]
A. Mas-Colell, M. Whinston, and J. Green. Microeconomic Theory. Oxford University Press, 1995.
[9]
N. Nisan. Algorithms for selfish agents. Lecture Notes in Computer Science, 1563:1--15, 1999.
[10]
K. Roberts. The characterization of implementable choice rules. Aggregation and Revelation of Preferences, J-J. Laffont (ed.), North Holland Publishing Company.
[11]
J.-C. Rochet. A necessary and sufficient condition for rationalizability in a quasi-linear context. Journal of Mathematical Economics, 16:191--200, 1987.
[12]
I. Rozenshtrom. Dominant strategy implementation with quasi-linear preferences. Master's thesis, Dept. of Economics, The Hebrew University, Jerusalem, Israel, 1999.

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cover image ACM Conferences
EC '05: Proceedings of the 6th ACM conference on Electronic commerce
June 2005
302 pages
ISBN:1595930493
DOI:10.1145/1064009
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Publication History

Published: 05 June 2005

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Author Tags

  1. dominant strategy
  2. mechanism design
  3. strategyproof
  4. truthful
  5. weak monotonicity

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EC05
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EC05: Sixth ACM Conference on Electronic Commerce 2005
June 5 - 8, 2005
BC, Vancouver, Canada

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Overall Acceptance Rate 664 of 2,389 submissions, 28%

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