Continuous Cardinal Incentive Compatible Mechanisms are Ordinal
Dipjyoti Majumdar*, Lars Ehlers, Debasis Mishra, Arunava Sen
Date: 2015-05-09 8:30 am – 9:00 am
Last modified: 2015-05-04
Abstract
We show that every cardinal incentive compatible voting mechanism satisfying a mild continuity condition, must be ordinal. Our results apply to many standard models in mechanism design without transfers, including the standard voting models with any domain restrictions.