Extensive Form Implementation in Incomplete Information Environments

James Bergin, Arunava Sen

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

11 Citations (Scopus)

Abstract

We study the implementation of social choice rules in incomplete information environments. A sufficiency condition called posterior reversal is given for extensive form implementation. The condition has a natural interpretation in signaling terms: Consistent posterior distributions under truth-telling are different from consistent posteriors under deception. This variation in the distribution over player types leads to variation in the distribution over actions and outcomes (comparing truth-telling and deception). We exploit this feature to implement social choice rules. Journal of Economic Literature Classification Numbers: D78, D82.
Original languageEnglish
Pages (from-to)222-256
JournalJournal of Economic Theory
Volume80
Issue number2
DOIs
Publication statusPublished - Jun 1998
Externally publishedYes

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