Interim equilibrium implementation
A social choice rule is said to be implementable if one can design a mechanism(or institution) in which the set of outcomes prescribed by a given solutionconcept coincides with that specified by the social choice rule. I adoptinterim equilibrium (i.e., Bayesian Nash equilibrium where each agent’s in...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2014
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2072 https://ink.library.smu.edu.sg/context/soe_research/article/3071/viewcontent/interim_equilibrium_implementation_March2014.pdf |
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Institution: | Singapore Management University |
Language: | English |