Getting dynamic implementation to work

• Main Authors: CHEN, Yi-Chun, HOLDEN, Richard, KUNIMOTO, Takashi, SUN, Yifei, WILKENING, Tom
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Implementation Theory; Incomplete Contracts; Experiments; Economic Theory; Political Economy
• Online Access: https://ink.library.smu.edu.sg/soe_research/2673; https://ink.library.smu.edu.sg/context/soe_research/article/3672/viewcontent/721153_pvoa_cc_by_nc.pdf
• Institution: Singapore Management University

We develop a new class of two-stage mechanisms, which fully implement any social choice function under initial rationalizability in complete information environments. We show theoretically that our Simultaneous Report (SR) mechanisms are robust to small amounts of incomplete information about the st...