Publication:
Strategy-Proof Mechanisms With Private And Public Goods

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2004
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Instituto de Investigaciones Económicas (Valencia)
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In this paper we develop a differentiable approach to deal with incentives in a, possibly small, subset of a general domain of preferences in economies with one public and one private good. We show that, for two agents, there is no social rule which is efficient,nondictatorial and strategy-proof. For the case of more agents the same result occurs when nondictatorship is replaced by Individual Rationality or by Envy-Freeness. Journal of Economic Literature.
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