Robust Mechanism Design: An Introduction

Dirk Bergemann and Stephen Morris

Chapter 1 in Robust Mechanism Design:The Role of Private Information and Higher Order Beliefs, 2012, pp 1-48 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionLeading Example: Allocating a Private Good with Interdependent ValuesType SpacesRobust Foundations for Dominant and Ex Post Incentive CompatibilityFull ImplementationEx Post ImplementationRobust Implementation in the Direct MechanismThe Robustness of Robust ImplementationRobust Implementation in the General MechanismRationalizable ImplementationThe Role of the Common PriorDynamic MechanismsVirtual ImplementationOpen IssuesReferences

Keywords: Mechanism Design; Game Theory; Auction Theory; Implementation; Private Information; First and Higher-Order Belief; BayesNash Equilibrium; Ex Post Equilibrium; Rationalizability; Vickrey-Clarke-Groves Mechanisms; Private Value; Interdependent Value; Common Value; Belief-Free Mechanisms (search for similar items in EconPapers)
JEL-codes: C70 D0 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (11)

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Related works:
Working Paper: Robust Mechanism Design: An Introduction (2011)
Working Paper: Robust Mechanism Design: An Introduction (2011)
Working Paper: Robust Mechanism Design: An Introduction (2011)
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