Subgame perfect implementation under information perturbations

• Main Authors: KUNIMOTO, Takashi, FUDENBERG, Drew, TERCIEUX, Oliver
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Information; ownership; information perturbations; Economic Theory
• Online Access: https://ink.library.smu.edu.sg/soe_research/1995; https://ink.library.smu.edu.sg/context/soe_research/article/2994/viewcontent/SubgamePerfectImplementation_2012_QJE.pdf
• Institution: Singapore Management University

We consider the robustness of extensive form mechanisms to deviations from common knowledge about the state of nature, which we refer to as information perturbations. First, we show that even under arbitrarily small information perturbations the Moore-Repullo mechanism does not yield (even approxima...