Manipulation-proof equilibrium in atomless economies with commodity differentiation

B-Tier
Journal: Economic Theory
Year: 1999
Volume: 14
Issue: 3
Pages: 545-563

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we introduce a perfect competition test which checks the incentives of arbitrarily small coalitions to behave strategically in endowments and preferences. We apply this coalitional incentive compatibility test to atomless economies with a continuum of differentiated commodities. We show that, under thickness conditions, economies with a finite number of types and economies whose set of agents' preferences is compact, pass this perfect competition test. Limiting results for replica economies are also presented.

Technical Details

RePEc Handle
repec:spr:joecth:v:14:y:1999:i:3:p:545-563
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25