2017
DOI: 10.1111/jpet.12282
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Securely implementable social choice functions in divisible and nonexcludable public good economies with quasi‐linear utility functions

Abstract: This paper studies the possibility of secure implementation (Saijo, T., T. Sjöström, and T. Yamato (2007) "Secure Implementation," Theoretical Economics 2, pp.203-229) in divisible and nonexcludable public good economies with quasi-linear utility functions. Although Saijo, Sjöström, and Yamato (2007) showed that the Groves mechanisms (Groves, T. (1973) "Incentives in Teams," Econometrica 41, pp.617-631) are securely implementable in some of the economies, we have the following negative result: securely impleme… Show more

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