Robust virtual implementation with almost complete information

• Main Author: KUNIMOTO, Takashi
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Complete information; first-order belief; incentive compatibility; measurability; robust virtual implementation; rationalizable strategies; Economic Theory
• Online Access: https://ink.library.smu.edu.sg/soe_research/2073; https://ink.library.smu.edu.sg/context/soe_research/article/3072/viewcontent/RVI_almost_complete_Oct2013.pdf
• Institution: Singapore Management University

Artemov, Kunimoto, and Serrano (2013a,b, henceforth, AKS) study amechanism design problem where arbitrary restrictions are placed on the setof first-order beliefs of agents. Calling these restrictions Δ, they adopt Δ-rationalizability (Battigalli and Siniscalchi (2003)) and show that Δ-incentivecomp...