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- W4286403432 abstract "We explore the consequences of weakening the notion of incentive compatibility from strategy-proofness to ordinal Bayesian incentive compatibility (OBIC) in the random assignment model. If the common prior of the agents is a uniform prior, then a large class of random mechanisms are OBIC with respect to this prior -- this includes the probabilistic serial mechanism. We then introduce a robust version of OBIC: a mechanism is locally robust OBIC if it is OBIC with respect all independent priors in some neighborhood of a given independent prior. We show that every locally robust OBIC mechanism satisfying a mild property called elementary monotonicity is strategy-proof. This leads to a strengthening of the impossibility result in Bogomolnaia and Moulin (2001): if there are at least four agents, there is no locally robust OBIC and ordinally efficient mechanism satisfying equal treatment of equals." @default.
- W4286403432 created "2022-07-22" @default.
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- W4286403432 date "2022-03-23" @default.
- W4286403432 modified "2023-09-30" @default.
- W4286403432 title "Ordinal Bayesian incentive compatibility in random assignment model" @default.
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- W4286403432 doi "https://doi.org/10.1007/s10058-022-00289-4" @default.
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