Obviously strategyproof (OSP) mechanisms maintain the incentive compatibility of agents that are not fully rational. They have been object of a number of studies since their recent definition. A research agenda, initiated in [Ferraioli and Ventre, 2017], is to find a small set (possibly, the smallest) of conditions allowing to implement an OSP mechanism. To this aim, we define a model of probabilistic verification wherein agents are caught misbehaving with a certain probability, and show how OSP mechanisms can implement every social choice function at the cost of either imposing very large fines or verifying a linear number of agents.

Probabilistic verification for obviously strategyproof mechanisms

Ferraioli, Diodato;Ventre, Carmine
2018-01-01

Abstract

Obviously strategyproof (OSP) mechanisms maintain the incentive compatibility of agents that are not fully rational. They have been object of a number of studies since their recent definition. A research agenda, initiated in [Ferraioli and Ventre, 2017], is to find a small set (possibly, the smallest) of conditions allowing to implement an OSP mechanism. To this aim, we define a model of probabilistic verification wherein agents are caught misbehaving with a certain probability, and show how OSP mechanisms can implement every social choice function at the cost of either imposing very large fines or verifying a linear number of agents.
2018
9780999241127
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11386/4718708
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