کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5072307 1373499 2011 5 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A robustness result for rationalizable implementation
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
A robustness result for rationalizable implementation
چکیده انگلیسی
This paper investigates the extent to which rationalizable implementation depends on the implicit common knowledge restrictions usually embodied in traditional models. It is shown that under fairly general conditions such restrictions are without loss of generality in the following sense: If a mechanism M implements a social choice function f on a type space X, then M implements f assuming only that the agentsʼ k-order beliefs are among those described by an open set B containing X, while higher-order beliefs are completely unrestricted. The result is applied to direct implementation on payoff type spaces, and related to the weak (incentive compatible) implementation problem.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Games and Economic Behavior - Volume 72, Issue 1, May 2011, Pages 301-305
نویسندگان
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