Detail-free mechanism design in twice iterative dominance: Large economies

A-Tier
Journal: Journal of Economic Theory
Year: 2008
Volume: 141
Issue: 1
Pages: 134-151

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

This paper investigates unique implementation in large economies with incomplete information and interdependent values; we degenerate the common knowledge assumptions and assume that a central planner is unaware of the specifications of an environment. With a minor restriction on the class of environments, we demonstrate that there exists a detail-free mechanism that virtually implements competitive allocations with complete information in twice iterative dominance, irrespective of how the environment is specified.

Technical Details

RePEc Handle
repec:eee:jetheo:v:141:y:2008:i:1:p:134-151
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25