A folk theorem for competing mechanisms

A-Tier
Journal: Journal of Economic Theory
Year: 2013
Volume: 148
Issue: 3
Pages: 953-973

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

We provide a partial characterization of the set of outcome functions that can be supported as perfect Bayesian equilibrium in the recommendation game described in [T. Yamashita, Mechanism games with multiple principals and three or more agents, Econometrica 78 (2) (2010) 791–801]. We show that the set of outcome functions that can be supported is at least as large as the set supportable by a mechanism designer in the sense of Myerson (Myerson, 1979 [13]). We show how to support random and correlated outcomes as equilibrium outcomes in the recommendation game.

Technical Details

RePEc Handle
repec:eee:jetheo:v:148:y:2013:i:3:p:953-973
Journal Field
Theory
Author Count
2
Added to Database
2026-01-28