Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
956846 | Journal of Economic Theory | 2015 | 42 Pages |
Abstract
This paper considers dynamic implementation problems in environments with changing private information (according to Markov processes). A social choice function is approximately implementable if it is correctly implemented an arbitrary large number of times with arbitrary high probability in all (communication) equilibria. We show that if a social choice function is strictly efficient in the set of social choice functions that satisfy an undetectability condition, then it is approximately implementable.
Related Topics
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Economics and Econometrics
Authors
Ludovic Renou, Tristan Tomala,