English, Article, Journal or magazine article edition: Ex-post Implementation with Interdependent Valuations Moldovanu, Benny; Meyer-ter-Vehn, Moritz

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Bookmark: http://trove.nla.gov.au/version/43488
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Ex-post Implementation with Interdependent Valuations
Author
  • Moldovanu, Benny
  • Meyer-ter-Vehn, Moritz
Physical Description
  • preprint
Notes
  • We consider a social choice setting with multidimensional signals and interdependent valuations. Such frameworks have been recently and increasingly used in order to study multi-object auctions. We obtain concise characterizations of ex-post implementable (not necessarily efficient) social choice functions in terms of affine functions that associate a weight to each agent and to each alternative. These characterizations can greatly reduce the complexity of the search for a constrained efficient (i.e., second best) mechanism in the generic cases where efficient outcomes cannot be implemented.
  • RePEc:xrs:sfbmaa:02-08
Language
  • English
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