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Perfect Bayesian implementation when the planner is a player

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  • Liu, Changchen
  • Luo, Yunfeng

Abstract

The paper contributes to the perfect Bayesian implementation problem when the planner selects an outcome after agents send a signal profile. In our problem, the planner always selects the outcomes that maximize her expected utility, given her posterior belief about the state. The paper explicitly models the problem and shows a full characterization of SCF set that can be perfect Bayesian implemented in FGP equilibrium.

Suggested Citation

  • Liu, Changchen & Luo, Yunfeng, 2010. "Perfect Bayesian implementation when the planner is a player," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 400-404, July.
    • Handle: RePEc:eee:mateco:v:46:y:2010:i:4:p:400-404
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    References listed on IDEAS

    as
    1. Baliga, Sandeep & Sjostrom, Tomas, 1999. "Interactive Implementation," Games and Economic Behavior, Elsevier, vol. 27(1), pages 38-63, April.
    2. Baliga, Sandeep & Corchon, Luis C. & Sjostrom, Tomas, 1997. "The Theory of Implementation When the Planner Is a Player," Journal of Economic Theory, Elsevier, vol. 77(1), pages 15-33, November.
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    Cited by:

    1. Shuichi Tsugawa, 2021. "Two-agent interactive implementation," Review of Economic Design, Springer;Society for Economic Design, vol. 25(4), pages 251-266, December.

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