Extensive Form Implementation in Incomplete Information Environments
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Detail(s)
Original language | English |
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Pages (from-to) | 222-256 |
Journal / Publication | Journal of Economic Theory |
Volume | 80 |
Issue number | 2 |
Publication status | Published - Jun 1998 |
Externally published | Yes |
Link(s)
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.
Citation Format(s)
Extensive Form Implementation in Incomplete Information Environments. / Bergin, James; Sen, Arunava.
In: Journal of Economic Theory, Vol. 80, No. 2, 06.1998, p. 222-256.
In: Journal of Economic Theory, Vol. 80, No. 2, 06.1998, p. 222-256.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review