Mécanismes bayésiens incitatifs: un survol de quelques résultats récents
Claude d'Aspremont,
Jacques Cremer and
Louis-André Gérard-Varet
Annals of Economics and Statistics, 1992, issue 25-26, 151-164
Abstract:
This paper presents a survey of some recent results on Bayesian mechanisms. We show that efficient Bayesian mechanisms can "nearly always" be constructed by adding a Groves mechanisms and a Bayesian mechanism whose only aim is to balance the budget. In so doing, we present an interpretation of a condition--called condition C--which plays an important role in the literature. The last part of the paper is focussed on the implementation of non efficient decision rules, and contains a discussion of necessary and sufficient conditions so that this be possible.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1992:i:25-26:p:151-164
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