Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072353 | Games and Economic Behavior | 2011 | 20 Pages |
Abstract
We prove that any normal-form mechanism can be perfectly implemented by a verifiable mediator using envelopes and an envelope-randomizing device. Differently from a trusted mediator, a verifiable one only performs prescribed public actions, so that everyone can verify that he is acting properly, and that he never learns any information that should remain private.
Keywords
Related Topics
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Economics and Econometrics
Authors
Sergei Izmalkov, Matt Lepinski, Silvio Micali,