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A novel result on the revenue equivalence theorem

Haoyang Wu ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper gives two examples to break through the revelation principle. Furthermore, the revenue equivalence theorem does not hold.

Keywords: Quantum game theory; Algorithmic Bayesian mechanism; Revelation principle; Revenue equivalence theorem. (search for similar items in EconPapers)
JEL-codes: D44 D71 (search for similar items in EconPapers)
Date: 2011-07-03
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:31988

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