| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062311 | Economics Letters | 2007 | 4 Pages |
Abstract
Posterior implementation is a weaker concept than ex-post implementation. It requires that agents' strategies are optimal against others' strategies, given the precise information made available by the mechanism. Whereas ex-post implementation is generically impossible, we show by example that this need not be the case for posterior implementation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Philippe Jehiel, Moritz Meyer-ter-Vehn, Benny Moldovanu, William R. Zame,