Rationalizable incentives: Interim rationalizable implementation of correspondences

Rationalizable incentives: Interim rationalizable implementation of correspondences

When the normative goals for a set of agents can be summarized in a set-valued rule and agents take actions that are rationalizable, a new theory of incentives emerges in which standard Bayesian incentive compatibility (BIC) is relaxed significantly. The paper studies the interim rationalizable impl...

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Bibliographic Details
Main Authors: KUNIMOTO, Takashi, SARAN, Rene, SERRANO, Roberto
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2025
Subjects:
Rationalizability
Implementation
correspondences
Setwise incentive
Compatibility
Setwise Dominance
Ex-post Efficiency.
Economic Theory
Online Access:https://ink.library.smu.edu.sg/soe_research/2799
https://ink.library.smu.edu.sg/context/soe_research/article/3798/viewcontent/Rationalizable_Incentives_2025_02_01__Edited___1_.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/2799
https://ink.library.smu.edu.sg/context/soe_research/article/3798/viewcontent/Rationalizable_Incentives_2025_02_01__Edited___1_.pdf

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