fFirst Printing Errata: At the end of the first paragraph insert:
Assume throughout that conditions are such that (23. C. 8) holding is a condition for (k*(-),t1(•)»...•)j) to be truthfully
implementable in dominant strategies." Also, in the second line of part c)
insert the word "implementable" before "ex post efficient social choice function".]
a) Sufficiency: Suppose. that we can write V*(0) - Ei^i^ i)m Consider the transfer functions of the form tL(B) - [l Vj <**(»),fj)] + \
where for all i,
By proposition 23.C.4, (k*(•).•),...,t(•K) is truthfully implementable in
Was this article helpful?