Equivalence of stochastic and deterministic mechanisms
We consider a general social choice environment that has multiple agents, a finite set of alternatives, independent types, and atomless type distribution. We show that for any Bayesian incentive compatible mechanism, there exists an equivalent deterministic mechanism that (1) is Bayesian incentive c...
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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/2302 https://ink.library.smu.edu.sg/context/soe_research/article/3301/viewcontent/10.3982_ECTA14698.pdf |
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| Institution: | Singapore Management University |
| Language: | English |