Mechanism design with possibilistic beliefs

Jing Chen and Silvio Micali

Journal of Economic Theory, 2015, vol. 156, issue C, 77-102

Abstract: We study mechanism design in non-Bayesian settings of incomplete information, when the designer has no information about the players, and the players have arbitrary, heterogeneous, first-order, and possibilistic beliefs about their opponents' payoff types.

Keywords: Incomplete information; Single-good auctions; First-order beliefs; Conservative beliefs (search for similar items in EconPapers)
JEL-codes: C72 D44 D80 D82 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:156:y:2015:i:c:p:77-102

DOI: 10.1016/j.jet.2013.07.021

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