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Coalitional Bayesian Nash implementation in differential information economies

โœ Scribed by Guangsug Hahn; Nicholas C. Yannelis


Publisher
Springer
Year
2001
Tongue
English
Weight
183 KB
Volume
18
Category
Article
ISSN
0938-2259

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Bayesian implementation in exchange econ
โœ Lu Hong ๐Ÿ“‚ Article ๐Ÿ“… 1996 ๐Ÿ› Springer ๐ŸŒ English โš– 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