Efficient and Durable Decision Rules with Incomplete Information
From MaRDI portal
Publication:3670860
DOI10.2307/1912117zbMath0521.90008OpenAlexW1978180733MaRDI QIDQ3670860
Bengt Holmstrom, Roger B. Myerson
Publication date: 1983
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: http://www.kellogg.northwestern.edu/research/math/papers/495.pdf
Pareto efficiencycomparison of efficiency conceptsdurable decision ruleeconomies with incomplete information
Related Items (only showing first 100 items - show all)
Cooperative processing of information via choice at an information set ⋮ Optimal robust bilateral trade: risk neutrality ⋮ Bayesian cooperative choice of strategies ⋮ Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility ⋮ Weak cartels and collusion-proof auctions ⋮ Optimal mechanism for land acquisition ⋮ Fully endogenous mechanism selection on finite outcome sets ⋮ Robust trading mechanisms ⋮ A coalition proof equilibrium for a private information credit economy ⋮ A note on Pareto optimality in differential information economies ⋮ Efficient compromising ⋮ Efficient performance in two agent bargaining ⋮ Incentive compatibility under ambiguity ⋮ Two-sided matching with interdependent values ⋮ Mixed strategy implementation under ambiguity ⋮ Optimal insurance under adverse selection and ambiguity aversion ⋮ Implementation of maximin rational expectations equilibrium ⋮ Competition among sellers who offer auctions instead of prices ⋮ Bargaining and regulation with asymmetric information about demand and supply ⋮ Equilibria of the sealed-bid mechanism for bargaining with incomplete information ⋮ Bilateral trade with the sealed bid k-double auction: Existence and efficiency ⋮ The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms ⋮ Closure under interim utility equivalence implies two-agent Bayesian implementation ⋮ Welfare analysis of a market with pairwise meetings and asymmetric information ⋮ Stable unions ⋮ A generalization of the Harsanyi NTU value to games with incomplete information ⋮ Information revelation and efficiency in auctions ⋮ On robust constitution design ⋮ Mixed complementarity problems for robust optimization equilibrium in bimatrix game. ⋮ On the dynamic selection of mechanisms for provision of public projects ⋮ Mixed complementarity problems for robust optimization equilibrium under \(l_1\cap l_\infty\)-norm ⋮ Strategy-proof stochastic assignment ⋮ Interim efficient auctions with interdependent valuations ⋮ Rules for aggregating information ⋮ Equilibrium theory under ambiguity ⋮ Egalitarian equivalence under asymmetric information ⋮ What money can't buy: efficient mechanism design with costly signals ⋮ Informational size and the incentive compatible coarse core in quasilinear economies ⋮ Randomization under ambiguity: efficiency and incentive compatibility ⋮ Ex post Nash equilibrium in linear Bayesian games for decision making in multi-environments ⋮ Equilibrium rejection of a mechanism ⋮ Second best efficiency and the English auction ⋮ The possibility of speculative trade between dynamically consistent agents. ⋮ Information-based trade ⋮ Solutions for bargaining games with incomplete information: general type space and action space ⋮ Ex ante efficiency implies incentive compatibility ⋮ Agreeing to disagree and dilation ⋮ Efficiency and adverse selection ⋮ The \textit{ex ante} incentive compatible core of the assignment game. ⋮ Ex post implementation ⋮ Multi-lender coalitions in costly state verification models ⋮ On fairness of equilibria in economies with differential information ⋮ Efficient trading mechanisms with pre-play communication ⋮ Ex ante incentive efficient trading mechanisms without the private valuation restriction ⋮ Incentive compatible market design with applications ⋮ Private provision of a discrete public good: efficient equilibria in the private-information contribution game ⋮ Commitment without reputation: renegotiation-proof contracts under asymmetric information ⋮ A dominant strategy double auction ⋮ On signalling and screening in markets with asymmetric information ⋮ Stability with one-sided incomplete information ⋮ A battle-of-the-sexes game with incomplete information ⋮ Ambiguous implementation: the partition model ⋮ On the self-(in)stability of weighted majority rules ⋮ Symmetric mechanism design ⋮ Implementation under ambiguity ⋮ Interim third-party selection in bargaining ⋮ Posterior renegotiation-proofness in a two-person decision problem ⋮ Starting small and commitment ⋮ All-stage strong correlated equilibrium ⋮ Bilateral trading with naive traders ⋮ The veil of public ignorance ⋮ Ordinal versus cardinal voting rules: a mechanism design approach ⋮ On the values of Bayesian cooperative games with sidepayments ⋮ (Neutrally) optimal mechanism under adverse selection: the canonical insurance problem ⋮ Foundations of mechanism design: a tutorial. II. Advanced concepts and results ⋮ Mechanism design with collusive supervision ⋮ Interim efficient allocations under uncertainty ⋮ The impossibility of strategy-proof, Pareto efficient, and individually rational rules for fractional matching ⋮ Prudent expectations equilibrium in economies with uncertain delivery ⋮ Ambiguity and price competition ⋮ Aggregation, determinacy, and informational efficiency for a class of economies with asymmetric information ⋮ Efficiency and exclusion in collective action allocations ⋮ Efficiency in correlated equilibrium ⋮ The (sub-)optimality of the majority rule ⋮ Discrete approximation of two-stage stochastic and distributionally robust linear complementarity problems ⋮ Persuasion in an asymmetric information economy: a justification of Wald's maxmin preferences ⋮ Restricted environments and incentive compatibility in interdependent values models ⋮ Starting small and renegotiation ⋮ Constrained efficiency with adverse selection and directed search ⋮ Incomplete information, incentive compatibility, and the core ⋮ Common certainty and efficiency with incomplete information ⋮ Cooperative games with incomplete information ⋮ Limits of markets and limits of governments: an introduction to a symposium on political economy ⋮ Unimprovable allocations in economies with incomplete information ⋮ Optimal employment contracts with bankruptcy constraints ⋮ Incentives and the existence of Pareto-optimal revelation mechanisms ⋮ Ex ante efficient, ex post individually rational trade ⋮ Status quo bias in bargaining: an extension of the Myerson-Satterthwaite theorem with an application to the Coase theorem. ⋮ Incentives and the core of an exchange economy: a survey. ⋮ The core of economies with asymmetric information: An axiomatic approach.
This page was built for publication: Efficient and Durable Decision Rules with Incomplete Information