Incentive compatible self-fulfilling mechanisms and rational expectations

DOI10.1016/J.GEB.2020.12.003MaRDI QIDQ1995474zbMATH OpenOpenAlexFDO

Authors Xuesong Huang

Publication date 23 February 2021

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2020.12.003

zbMATH Keywords

large economyrational expectations equilibriumstrategic market gameincentive compatible self-fulfilling mechanism

Mathematics Subject Classification ID

Applications of game theory (91A80) Auctions, bargaining, bidding and selling, and other market models (91B26) Games with incomplete information, Bayesian games (91A27)

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Cites work

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• Informational Size and Incentive Compatibility
• Informational smallness in rational expectations equilibria.
• Microeconomic theory
• Non-implementation of rational expectations as a perfect Bayesian equilibrium
• On extensive form implementation of contracts in differential information economies
• On the equivalence of rational expectations equilibrium with perfect Bayesian equilibrium
• Order-driven markets are almost competitive
• Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices
• Rational Expectations, Information Acquisition, and Competitive Bidding
• Self-fulfilling mechanisms and rational expectations
• Self-fulfilling mechanisms and rational expectations in large markets.
• Self-fulfilling mechanisms in Bayesian games
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• Strategic supply function competition with private information
• The exact law of large numbers via Fubini extension and characterization of insurable risks
• The revelation of information in strategic market games. A critique of rational expectations equilibrium
• Toward a Strategic Foundation for Rational Expectations Equilibrium

Cited in

(4)

• Incentive compatibility under ambiguity
• Self-fulfilling mechanisms and rational expectations in large markets.
• On the Welfare Analysis of Rational Expectations Equilibria with Asymmetric Information
• Should sophisticated expectations facilitate reaching equilibrium behavior?

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