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- W2915182042 abstract "We consider a model where each agent has an outside option of privately known value. At a given allocation, we call the set of agents who do not exercise their outside options the “participants.” We show that one strategy-proof and individually rational mechanism weakly Pareto-improves another if and only if, at each preference profile, it weakly expands (in terms of set inclusion) the set of participants. Corollaries include: a sufficient condition for a mechanism to be on the Pareto-efficient frontier of strategy-proof mechanisms; uniqueness of strategy-proof Pareto-improvements under true preferences over certain normatively meaningful benchmark allocation rules; and a characterization of the pivotal mechanism." @default.
- W2915182042 created "2019-03-02" @default.
- W2915182042 creator A5014294293 @default.
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- W2915182042 date "2019-05-01" @default.
- W2915182042 modified "2023-10-13" @default.
- W2915182042 title "Strategy-proof Pareto-improvement" @default.
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- W2915182042 doi "https://doi.org/10.1016/j.jet.2019.01.004" @default.
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