Results 281 to 290 of about 188,749 (321)

Limitations of the revelation principle

Economics Letters, 1992
Abstract The validity of the revelation principle in ‘non-Bayesian environments’ is clarified, with respect to weak Nash-implementation - not necessarily in strategy rules - of social choice functions.
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A revelation principle for correlated equilibrium under trembling-hand perfection

Journal of Economic Theory, 2022
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Luo, Xiao, Qiao, Yongchuan, Sun, Yang
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The revelation principle and mechanism design

2020
This chapter evaluates a more general attack on optimal contract and mechanism design stressing cases of adverse selection, which makes use of the revelation principle. One should be clear about the uses to which the revelation principle is put. It can be thought of as a statement about how actually to implement contracts.
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Menu-dependent preferences and revelation principle

Journal of Economic Theory, 2011
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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The revelation principle and mechanism design

2021
This chapter is a follow-up on the previous one. There, we were concerned with static Bayesian games. In these games, players learn their own types and they choose actions in dependence of their types.
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From the Revelation Principle to the Principles of Revelation

2019
In this short piece, I discuss a recent topic in the mechanism design literature regarding the performance of strategy-proof rules. From the revelation principle, all strategy-proof rules are equivalent but it has been found that some perform better than others in practice.
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Deterministic mechanisms and the revelation principle

Economics Letters, 2003
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Imperfect commitment and the revelation principle: the multi-agent case

Economics Letters, 2000
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Bester, Helmut, Strausz, Roland
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The Revelation Principle for Mechanism Design with Reporting Costs

Proceedings of the 2016 ACM Conference on Economics and Computation, 2016
The revelation principle is a key tool in mechanism design. It allows the designer to restrict attention to truthful mechanisms, greatly facilitating analysis. This is also borne out algorithmically, allowing certain computational problems in mechanism design to be solved in polynomial time.
Andrew Kephart, Vincent Conitzer
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Allocation Mechanisms, Asymmetric Information and the ‘Revelation Principle’

1985
The purpose of this chapter is to explain a new approach for predicting both the allocation of resources and the resource allocation mechanism in certain environments in which agents are asymmetrically informed prior to any trading.1 We illustrate this approach by applying it to a simple pure-exchange environment in which an information asymmetry is ...
Milton Harris, Robert M. Townsend
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