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Posterior Implementation versus Ex-Post Implementation

Abstract : Posterior implementation is a weaker concept than ex-post implementation. It requires that agents' strategies are optimal against others' strategies, given the precise information made available by the mechanism. Whereas ex-post implementation is generically impossible, we show by example that this need not be the case for posterior implementation.
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Submitted on : Tuesday, November 20, 2012 - 8:48:10 AM
Last modification on : Wednesday, November 17, 2021 - 12:32:55 PM

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Philippe Jehiel, Moritz Meyer-Ter-Vehn, Benny Moldovanu, William R. Zame. Posterior Implementation versus Ex-Post Implementation. Economics Letters, Elsevier, 2007, 97 (1), pp.70-73. ⟨10.1016/j.econlet.2007.02.023⟩. ⟨halshs-00754198⟩



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