TY - JOUR
T1 - Group Strategy-Proofness in Private Good Economies
AU - Barberà, Salvador
AU - Berga, Dolors
AU - Moreno, Bernardo
PY - 2016/4
Y1 - 2016/4
N2 - Many salient rules to allocate private goods are not only strategyproof, but also group strategy-proof, in appropriate domains of definition, hence diminishing the traditional conflict between incentives and efficiency. That is so for solutions to matching, division, cost sharing, house allocation, and auctions, in spite of the substantive disparity between these cases. In a general framework encompassing all of them, we prove that the equivalence between the two forms of strategy-proofness is due to an underlying common structure that transcends the many differences between the contexts and the mechanisms for which it holds. (JEL C78, D44, D63, D71, D82).
AB - Many salient rules to allocate private goods are not only strategyproof, but also group strategy-proof, in appropriate domains of definition, hence diminishing the traditional conflict between incentives and efficiency. That is so for solutions to matching, division, cost sharing, house allocation, and auctions, in spite of the substantive disparity between these cases. In a general framework encompassing all of them, we prove that the equivalence between the two forms of strategy-proofness is due to an underlying common structure that transcends the many differences between the contexts and the mechanisms for which it holds. (JEL C78, D44, D63, D71, D82).
UR - http://www.scopus.com/inward/record.url?scp=84962833576&partnerID=8YFLogxK
U2 - 10.1257/aer.20141727
DO - 10.1257/aer.20141727
M3 - Article
AN - SCOPUS:84962833576
SN - 0002-8282
VL - 106
SP - 1073
EP - 1099
JO - American Economic Review
JF - American Economic Review
IS - 4
ER -