Abstract

We consider the problem of designing mechanisms with the incentive property that no coalition of agents can engage in a collusive strategy that results in an increase in the combined utility of the coalition. For single parameter agents, we give a characterization that essentially restricts such mechanisms to those that post a “take it or leave it ” price to for each agent in advance. We then consider relaxing the incentive property to only hold with high probability. In this relaxed model, we are able to design approximate profit maximizing auctions and approximately efficient auctions. We also give a general framework for designing mechanisms for single parameter agents while maintaining the coalition incentive property with high probability. In addition, we give several results for a weaker incentive property from the literature known as group strategyproofness.

Citations