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On the equivalence of Bayesian and deterministic dominant strategy implementation

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  • Arigapudi, Srinivas

Abstract

In a symmetric single object allocation mechanism with n agents, we identify a necessary and sufficient condition for the existence of an equivalent deterministic dominant strategy incentive compatible mechanism for a given Bayesian incentive compatible mechanism.

Suggested Citation

  • Arigapudi, Srinivas, 2018. "On the equivalence of Bayesian and deterministic dominant strategy implementation," Economics Letters, Elsevier, vol. 162(C), pages 37-40.
    • Handle: RePEc:eee:ecolet:v:162:y:2018:i:c:p:37-40
    DOI: 10.1016/j.econlet.2017.10.026
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    References listed on IDEAS

    as
    1. Mookherjee, Dilip & Reichelstein, Stefan, 1992. "Dominant strategy implementation of Bayesian incentive compatible allocation rules," Journal of Economic Theory, Elsevier, vol. 56(2), pages 378-399, April.
    2. Alexey Kushnir, 2013. "On the equivalence between Bayesian and dominant strategy implementation: the case of correlated types," ECON - Working Papers 129, Department of Economics - University of Zurich.
    3. Alex Gershkov & Jacob K. Goeree & Alexey Kushnir & Benny Moldovanu & Xianwen Shi, 2013. "On the Equivalence of Bayesian and Dominant Strategy Implementation," Econometrica, Econometric Society, vol. 81(1), pages 197-220, January.
    4. Alejandro M. Manelli & Daniel R. Vincent, 2010. "Bayesian and Dominant‐Strategy Implementation in the Independent Private‐Values Model," Econometrica, Econometric Society, vol. 78(6), pages 1905-1938, November.
    5. Roger B. Myerson, 1981. "Optimal Auction Design," Mathematics of Operations Research, INFORMS, vol. 6(1), pages 58-73, February.
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    More about this item

    Keywords

    Mechanism design; Bayesian implementation; Dominant strategy implementation; Incentive compatible; Deterministic mechanism;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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