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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| 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 |