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Bibliographic Details
Main Authors: Wang, Wenqian, Zheng, Zhiwen
Format: Preprint
Published: 2025
Subjects:
Online Access:https://arxiv.org/abs/2501.08802
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Table of Contents:
  • Recent literature highlights the advantages of implementing social rules via dynamic game forms. We characterize when truth-telling remains a dominant strategy in gradual mechanisms implementing strategy-proof social rules, where agents gradually reveal their private information while acquiring information about others in the process. Our first characterization hinges on the incentive-preservation of a basic transformation on gradual mechanisms called illuminating that partitions information sets. The second relies on a single reaction-proofness condition. We demonstrate the usefulness of both characterizations through applications to second-price auctions and the top-trading cycles algorithm.