Continuous implementation with small transfers

Continuous implementation with small transfers

The robust mechanism design literature investigates the global robustness of op-timal mechanisms to large changes in the environment. Acknowledging the global robustness as an overly demanding requirement, we propose continuous implementa-tion as a local robustness of optimal mechanisms to small cha...

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Bibliographic Details
Main Authors: CHEN, Yi-Chun, KUNIMOTO, Takashi, SUN, Yifei
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
Subjects:
Continuous implementation
full implementation
incentive compatibility
robustness
transfers
Economic Theory
Online Access:https://ink.library.smu.edu.sg/soe_research/2299
https://ink.library.smu.edu.sg/context/soe_research/article/3298/viewcontent/continuous_implementation_Oct_9_2019_.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/2299
https://ink.library.smu.edu.sg/context/soe_research/article/3298/viewcontent/continuous_implementation_Oct_9_2019_.pdf

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