Journal of Economic Theory · 2020 · 26 citations · 37 references
BusinessDecision SciencesEconomicsDecision TheoryGame TheoryIncentive SystemsAssignment ProblemsIncentive CompatibilityIncentive SchemesInformation AsymmetryMechanism DesignAssignment With Incomplete InformationAssignment With PreferencesIncentive Compatible MechanismsIncentive MechanismsStrategy-proof MechanismsStrategyproof Mechanisms
We present partial strategyproofness, a new, relaxed notion of strategyproofness for studying the incentive properties of non-strategyproof assignment mechanisms. Informally, a mechanism is partially strategyproof if it makes truthful reporting a dominant strategy for those agents whose preference intensities differ sufficiently between any two objects. We demonstrate that partial strategyproofness is axiomatically motivated and yields a parametric measure for “how strategyproof” an assignment mechanism is. We apply this new concept to derive novel insights about the incentive properties of the probabilistic serial mechanism and different variants of the Boston mechanism.
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