Mechanism Design With Ambiguous Communication Devices

S-Tier
Journal: Econometrica
Year: 2014
Volume: 82
Issue: 5
Pages: 1853-1872

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

This paper considers mechanism design problems in environments with ambiguity‐sensitive individuals. The novel idea is to introduce ambiguity in mechanisms so as to exploit the ambiguity sensitivity of individuals. Deliberate engineering of ambiguity, through ambiguous mediated communication, can allow (partial) implementation of social choice functions that are not incentive compatible with respect to prior beliefs. We provide a complete characterization of social choice functions partially implementable by ambiguous mechanisms.

Technical Details

RePEc Handle
repec:wly:emetrp:v:82:y:2014:i:5:p:1853-1872
Journal Field
General
Author Count
2
Added to Database
2026-01-24