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Economic Design
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Research . 1991
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Publications at Bielefeld University
Research . 1991
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Economic Design
Article . 1994 . Peer-reviewed
License: Springer TDM
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Robust implementation under alternative information structures

Authors: Luis Corchón; Ignacio Ortuño Ortín;

Robust implementation under alternative information structures

Abstract

In this paper we consider a model in which agents have complete information about their neighbours and, possibly, incomplete information about the rest of the economy. We consider two different informational frameworks. In the first, agents do not have priors about what is going on in the rest of the economy. In the second, agents are supposed to have priors about the unknown characteristics. We present a mechanism which any social choice correspondence satisfying monotonicity and no veto powet in both informational settings for every possible prior thus requiring little knowledge from the point of view of the designer of the information possesed by agents about the economy.

Country
Germany
Related Organizations
Keywords

330, Nash implementation, Incomplete information, Local information, Economía

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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impulse
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