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Journal Articles Economics Letters Year : 2007

Posterior Implementation versus Ex-Post Implementation

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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.

Dates and versions

halshs-00754198 , version 1 (20-11-2012)

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