Strategy-proofness and efficiency in a simple production economy

被引:0
|
作者
Sungwhee Shin
Sang-Chul Suh
机构
[1] Department of Economics,
[2] University of Windsor,undefined
[3] Ontario Canada N9B3P4 (e-mail: scsuh@uwindsor.ca),undefined
来源
Social Choice and Welfare | 2000年 / 17卷
关键词
Production Economy; Single Output; Single Input; Efficient Allocation; Allocation Mechanism;
D O I
暂无
中图分类号
学科分类号
摘要
We consider an economy with two agents, “firm” and “worker.” The firm owns a technology which transforms a single input into a single output and the worker owns a limited amount of input good, for example, leisure. The firm is interested in profit measured in terms of output and the worker's preferences are defined over the input-output space. Manipulability comes not only from a lack of information about the (worker's) preferences but also about the technology. With a possibility for manipulation, can we still obtain efficient allocations? We show that there is no allocation mechanism which is Pareto efficient, strategy-proof, and non-dictatorial.
引用
收藏
页码:523 / 532
页数:9
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