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Bayesian implementation in exchange economies with state dependent preferences and feasible sets

✍ Scribed by Guoqiang Tian


Publisher
Springer
Year
1999
Tongue
English
Weight
297 KB
Volume
16
Category
Article
ISSN
0176-1714

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Bayesian implementation in exchange econ
✍ Lu Hong πŸ“‚ Article πŸ“… 1996 πŸ› Springer 🌐 English βš– 712 KB

This paper considers the problem of implementation for exchange economies with state dependent feasible sets. Agents are assumed to have private information about their endowments. We provide necessary and sufficient conditions for social choice rules that are Bayesian implementable by feasible mech