Article ID Journal Published Year Pages File Type
7349690 Economics Letters 2017 8 Pages PDF
Abstract
This note establishes a revelation principle in terms of payoff for deterministic mechanisms under ex-post constraints: the maximal payoff implementable by a feasible deterministic mechanism can also be implemented by a feasible deterministic direct mechanism.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Deterministic mechanisms, the revelation principle, and ex-post constraints
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