Continuous virtual implementation: Complete information

B-Tier
Journal: Journal of Mathematical Economics
Year: 2022
Volume: 99
Issue: C

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A social choice rule (SCR) is a mapping from preference profiles to lotteries over outcomes. When preference profiles are close to being common knowledge among players, an SCR is continuously virtually fully implementable if there exists a mechanism such that all its equilibrium outcomes are arbitrarily close to the outcomes recommended by the SCR. When there are at least three players and a domain condition is satisfied, we obtain the following result: any SCR is continuously virtually fully implementable in Bayesian Nash equilibria, as well as in interim correlated rationalizable strategies, by a finite mechanism.

Technical Details

RePEc Handle
repec:eee:mateco:v:99:y:2022:i:c:s0304406821001610
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25