Locally robust implementation and its limits - Paris-Jourdan Sciences Économiques Accéder directement au contenu
Article Dans Une Revue Journal of Economic Theory Année : 2012

Locally robust implementation and its limits

Résumé

We study a notion of locally robust implementation that captures the idea that the planner may know agentsʼ beliefs well, but not perfectly. Locally robust implementation is a weaker concept than ex-post implementation, but we show that no regular allocation function is locally robust implementable in generic settings with quasi-linear utility, interdependent and bilinear values, and multi-dimensional payoff types.

Dates et versions

hal-00813046 , version 1 (14-04-2013)

Identifiants

Citer

Philippe Jehiel, Moritz Meyer-Ter-Vehnc, Benny Moldovanu. Locally robust implementation and its limits. Journal of Economic Theory, 2012, 147 (6), pp.2439-3452. ⟨10.1016/j.jet.2012.05.012⟩. ⟨hal-00813046⟩
245 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More