کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
9551744 1477084 2005 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A characterization of virtual Bayesian implementation
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
A characterization of virtual Bayesian implementation
چکیده انگلیسی
We provide a characterization of virtual Bayesian implementation in pure strategies for environments satisfying no-total-indifference. A social choice function in such environments is virtually Bayesian implementable if and only if it satisfies incentive compatibility and a condition we term virtual monotonicity. The latter is weaker than Bayesian monotonicity-known to be necessary for Bayesian implementation. Virtual monotonicity is weak in the sense that it is generically satisfied in environments with at least three alternatives. This implies that in most environments virtual Bayesian implementation is as successful as it can be (incentive compatibility is the only condition needed).
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Games and Economic Behavior - Volume 50, Issue 2, February 2005, Pages 312-331
نویسندگان
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