Double Implementation in Dominant Strategy Equilibria and Ex-Post Equilibria with Private Values

IF 0.3 4区 经济学 Q4 ECONOMICS B E Journal of Theoretical Economics Pub Date : 2019-08-01 DOI:10.2139/ssrn.3411960
Makoto Hagiwara
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引用次数: 1

Abstract

Abstract We consider the implementation problem for incomplete information and private values. We investigate double implementability of social choice functions in dominant strategy equilibria and ex-post equilibria. We define a new strategic axiom that implies “strategy-proofness” and that is implied by “secure strategy-proofness,” but the converse of these relationships does not hold. We call it “weak secure-strategy-proofness.” We show that a social choice function is doubly implementable if and only if it is weakly securely-strategy-proof.
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支配性战略平衡与具有私人价值的事后平衡的双重实现
摘要我们考虑了不完全信息和私有值的实现问题。我们研究了社会选择函数在显性策略均衡和事后均衡中的双重可实现性。我们定义了一个新的战略公理,它隐含着“战略证明”和“安全战略证明”,但这些关系的反过来并不成立。我们称之为“弱安全策略证明”。我们证明了社会选择函数是双重可实现的,当且仅当它是弱安全策略验证的。
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来源期刊
CiteScore
0.80
自引率
25.00%
发文量
25
期刊介绍: We welcome submissions in all areas of economic theory, both applied theory and \"pure\" theory. Contributions can be either innovations in economic theory or rigorous new applications of existing theory. Pure theory papers include, but are by no means limited to, those in behavioral economics and decision theory, game theory, general equilibrium theory, and the theory of economic mechanisms. Applications could encompass, but are by no means limited to, contract theory, public finance, financial economics, industrial organization, law and economics, and labor economics.
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