Rationalizable implementation in finite mechanisms

B-Tier
Journal: Games and Economic Behavior
Year: 2021
Volume: 129
Issue: C
Pages: 181-197

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

We prove that the Maskin monotonicity⁎ condition (proposed by Bergemann et al. (2011)) fully characterizes exact rationalizable implementation in an environment with lotteries and transfers. Different from previous papers, our approach possesses many appealing features simultaneously, e.g., finite mechanisms with no integer game or modulo game are used; no transfers are made in any rationalizable profile; the message space is small; the implementation is robust to information perturbations in the sense of Oury and Tercieux (2012).

Technical Details

RePEc Handle
repec:eee:gamebe:v:129:y:2021:i:c:p:181-197
Journal Field
Theory
Author Count
4
Added to Database
2026-01-25