Arbeitspapier
A characterization of virtual Bayesian implementation
We provide a characterization of virtual Bayesian implementation in pure strategies for environments satisfying no-total-indifference. A social choice function in such environments is virtually Bayesian implementable if and only if it satisfies incentive compatibility and a condition we term virtual monotonicity. The latter is weaker than Bayesian monotonicity - known to be necessary for Bayesian implementation. Virtual monotonicity is weak in the sense that it is generically satisfied in environments with at least three alternatives. This implies that in most environments virtual Bayesian implementation is as successful as it can be (incentive compatibility is the only condition needed).
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2002-11
- Klassifikation
-
Wirtschaft
Noncooperative Games
Positive Analysis of Policy Formulation and Implementation
Asymmetric and Private Information; Mechanism Design
- Thema
-
Virtual monotonicity
Bayesian monotonicity
Maskin monotonicity
virtual Bayesian implementation
incentive compatibility
type diversity
Bayes-Statistik
Public Choice
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Serrano, Roberto
Vohra, Rajiv
- Ereignis
-
Veröffentlichung
- (wer)
-
Brown University, Department of Economics
- (wo)
-
Providence, RI
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Serrano, Roberto
- Vohra, Rajiv
- Brown University, Department of Economics
Entstanden
- 2002
Ähnliche Objekte (12)
Type diversity and virtual Bayesian implementation
Full Bayesian Implementation
Approximate Bayesian Implementation and Exact Maxmin Implementation: An Equivalence
Non-implementation of rational expectations as a perfect Bayesian equilibrium
Bayesian implementation and rent extraction in a multi-dimensional procurement problem
Partially-honest Nash implementation: A full characterization
On the equivalence between Bayesian and dominant strategy implementation: The case of correlated types
Bayesian signaling
Bayesian Monitoring.
On the equivalence of Bayesian and dominant strategy implementation: The case of non-linear utilities
Robust virtual implementation with incomplete information: Toward a reinterpretation of the Wilson doctrine
Bayesian semiparametric regression
Type diversity and virtual Bayesian implementation
Full Bayesian Implementation
Approximate Bayesian Implementation and Exact Maxmin Implementation: An Equivalence
Non-implementation of rational expectations as a perfect Bayesian equilibrium
Bayesian implementation and rent extraction in a multi-dimensional procurement problem
Partially-honest Nash implementation: A full characterization
On the equivalence between Bayesian and dominant strategy implementation: The case of correlated types
Bayesian signaling
Bayesian Monitoring.
On the equivalence of Bayesian and dominant strategy implementation: The case of non-linear utilities
Robust virtual implementation with incomplete information: Toward a reinterpretation of the Wilson doctrine
Bayesian semiparametric regression
Type diversity and virtual Bayesian implementation
Full Bayesian Implementation
Approximate Bayesian Implementation and Exact Maxmin Implementation: An Equivalence
Non-implementation of rational expectations as a perfect Bayesian equilibrium
Bayesian implementation and rent extraction in a multi-dimensional procurement problem
Partially-honest Nash implementation: A full characterization
On the equivalence between Bayesian and dominant strategy implementation: The case of correlated types
Bayesian signaling
Bayesian Monitoring.
On the equivalence of Bayesian and dominant strategy implementation: The case of non-linear utilities
Robust virtual implementation with incomplete information: Toward a reinterpretation of the Wilson doctrine