On Sufficiency of Dominant Strategy Implementation in Environments with Correlated Types
6 Pages Posted: 21 Jul 2019
Date Written: April 19, 2015
We show that for any mechanism there exists an equivalent dominant strategy incentive compatible mechanism for social choice environments with correlated types when agent's matrix of conditional probabilities satisfies the full rank condition.
Keywords: mechanism design, dominant strategy implementation, surplus extraction, correlation
JEL Classification: D82
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