Subgame perfect implementation under information perturbations
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...
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Main Authors: | KUNIMOTO, Takashi, FUDENBERG, Drew, TERCIEUX, Oliver |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2012
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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 |
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Institution: | Singapore Management University |
Language: | English |
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