Behavioral implementation under incomplete information

Mehmet Barlo and Nuh Aygün Dalkıran

Journal of Economic Theory, 2023, vol. 213, issue C

Abstract: We investigate implementation under incomplete information allowing for individuals' choices featuring violations of rationality. Our primitives are individuals' interim choices that do not have to satisfy the weak axiom of revealed preferences. In this setting, we provide necessary as well as sufficient conditions for behavioral implementation under incomplete information. We also introduce behavioral interim incentive Pareto efficiency and investigate its implementability under incomplete information.

Keywords: Behavioral implementation; Incomplete information; Interim implementation; Behavioral interim incentive efficiency (search for similar items in EconPapers)
JEL-codes: D60 D79 D82 D90 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:213:y:2023:i:c:s0022053123001345

DOI: 10.1016/j.jet.2023.105738

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