A Robustly Efficient Auction
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Neeman, Zvika, 2004.
"The relevance of private information in mechanism design,"
Journal of Economic Theory, Elsevier, vol. 117(1), pages 55-77, July.
- Zvika Neeman, 1998. "The Relevance of Private Information in Mechanism Design," Papers 0093, Boston University - Industry Studies Programme.
- Neeman, Z., 1998. "The Relevance of Private Infromation in Mechanism Design," Papers 93, Boston University - Department of Economics.
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Virtual Implementation,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 8, pages 263-317,
World Scientific Publishing Co. Pte. Ltd..
- , & ,, 2009. "Robust virtual implementation," Theoretical Economics, Econometric Society, vol. 4(1), March.
- Dirk Bergemann & Stephen Morris, 2007. "Robust Virtual Implementation," Cowles Foundation Discussion Papers 1609R2, Cowles Foundation for Research in Economics, Yale University, revised Jan 2009.
- Dirk Bergemann & Stephen Morris, 2009. "Robust Virtual Implementation," Levine's Working Paper Archive 814577000000000155, David K. Levine.
- Georgy Artemov & Takashi Kunimoto & Roberto Serrano, 2007.
"Robust Virtual Implementation with Incomplete Information: Toward a Reinterpretation of the Wilson Doctrine,"
Working Papers
2007-6, Brown University, Department of Economics.
- Georgy Artemov & Takashi Kunimoto & Roberto Serrano, 2007. "Robust virtual implementation with incomplete information: Towards a reinterpretation of the Wilson doctrine," Working Papers 2007-14, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Mechanism Design,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 2, pages 49-96,
World Scientific Publishing Co. Pte. Ltd..
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," Econometrica, Econometric Society, vol. 73(6), pages 1771-1813, November.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Levine's Bibliography 666156000000000035, UCLA Department of Economics.
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," NajEcon Working Paper Reviews 666156000000000593, www.najecon.org.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421, Cowles Foundation for Research in Economics, Yale University.
- Stephen Morris & Dirk Bergemann, 2004. "Robust Mechanism Design," Yale School of Management Working Papers ysm380, Yale School of Management.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2004.
- Jonathan Weinstein & Muhamet Yildiz, 2007. "A Structure Theorem for Rationalizability with Application to Robust Predictions of Refinements," Econometrica, Econometric Society, vol. 75(2), pages 365-400, March.
- Richard McLean & Andrew Postlewaite, 2002.
"Informational Size and Incentive Compatibility,"
Econometrica, Econometric Society, vol. 70(6), pages 2421-2453, November.
- Richard McLean & Andrew Postlewaite, "undated". "Informational Size and Incentive Compatibility," CARESS Working Papres 99-14, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Richard McLean & Andrew Postlewaite, "undated". "Informational Size and Incentive Compatibility," Penn CARESS Working Papers 7f6ff09d59945e06909ce4fa4, Penn Economics Department.
- Philippe Aghion & Drew Fudenberg & Richard Holden & Takashi Kunimoto & Olivier Tercieux, 2012.
"Subgame-Perfect Implementation Under Information Perturbations,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(4), pages 1843-1881.
- Tercieux, Olivier & Aghion, Philippe & Fudenberg, Drew & Holden, Richard & Kunimoto, Takashi, 2012. "Subgame-Perfect Implementation Under Information Perturbations," Scholarly Articles 11224965, Harvard University Department of Economics.
- Philippe Aghion & Drew Fudenberg & Richard Holden & Takashi Kunimoto & Olivier Tercieux, 2012. "Subgame-Perfect Implementation Under Information Perturbations," Post-Print hal-00812781, HAL.
- Philippe Aghion & Drew Fudenberg & Richard Holden & Takashi Kunimoto & Olivier Tercieux, 2012. "Subgame-Perfect Implementation Under Information Perturbations," PSE-Ecole d'économie de Paris (Postprint) hal-00812781, HAL.
- Schmeidler, David, 1989.
"Subjective Probability and Expected Utility without Additivity,"
Econometrica, Econometric Society, vol. 57(3), pages 571-587, May.
- David Schmeidler, 1989. "Subjective Probability and Expected Utility without Additivity," Levine's Working Paper Archive 7662, David K. Levine.
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Implementation in General Mechanisms,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 5, pages 195-239,
World Scientific Publishing Co. Pte. Ltd..
- Bergemann, Dirk & Morris, Stephen, 2011. "Robust implementation in general mechanisms," Games and Economic Behavior, Elsevier, vol. 71(2), pages 261-281, March.
- Dirk Bergemann & Stephen Morris, 2008. "Robust Implementation in General Mechanisms," Cowles Foundation Discussion Papers 1666, Cowles Foundation for Research in Economics, Yale University.
- Dirk Bergemann & Stephen Morris, 2010. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 661465000000000017, David K. Levine.
- Dirk Bergemann & Stephen Morris, 2008. "Robust Implementation in General Mechanisms," Levine's Working Paper Archive 122247000000002286, David K. Levine.
- Dirk Bergemann & Stephen Morris, 2008. "Robust Implementation in General Mechanisms," Cowles Foundation Discussion Papers 1666R, Cowles Foundation for Research in Economics, Yale University, revised Jan 2010.
- McAfee, R Preston & Reny, Philip J, 1992. "Correlated Information and Mechanism Design," Econometrica, Econometric Society, vol. 60(2), pages 395-421, March.
- Antonio Penta, 2012. "Higher Order Uncertainty and Information: Static and Dynamic Games," Econometrica, Econometric Society, vol. 80(2), pages 631-660, March.
- McAfee, R Preston & McMillan, John & Reny, Philip J, 1989. "Extracting the Surplus in the Common-Value Auction," Econometrica, Econometric Society, vol. 57(6), pages 1451-1459, November.
- Sylvain Chassang, 2013.
"Calibrated Incentive Contracts,"
Econometrica, Econometric Society, vol. 81(5), pages 1935-1971, September.
- Sylvain Chassang, 2011. "Calibrated Incentive Contracts," Working Papers 1316, Princeton University, Department of Economics, Econometric Research Program..
- Milgrom,Paul, 2004.
"Putting Auction Theory to Work,"
Cambridge Books,
Cambridge University Press, number 9780521536721, January.
- Milgrom,Paul, 2004. "Putting Auction Theory to Work," Cambridge Books, Cambridge University Press, number 9780521551847, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mariann Ollár & Antonio Penta, 2019.
"Implementation via transfers with identical but unknown distributions,"
Economics Working Papers
1676, Department of Economics and Business, Universitat Pompeu Fabra.
- Mariann Ollar & Antonio Penta, 2019. "Implementation via Transfers with Identical but Unknown Distributions," Working Papers 1126, Barcelona School of Economics.
- Müller, Christoph, 2020. "Robust implementation in weakly perfect Bayesian strategies," Journal of Economic Theory, Elsevier, vol. 189(C).
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Mechanism Design: An Introduction,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 1, pages 1-48,
World Scientific Publishing Co. Pte. Ltd..
- Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Working Papers 1332, Princeton University, Department of Economics, Econometric Research Program..
- Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Cowles Foundation Discussion Papers 1818, Cowles Foundation for Research in Economics, Yale University.
- Dirk Bergemann & Stephen Morris, 2011. "Robust Mechanism Design: An Introduction," Levine's Working Paper Archive 786969000000000187, David K. Levine.
- de Clippel, Geoffroy & Saran, Rene & Serrano, Roberto, 2023.
"Continuous level-k mechanism design,"
Games and Economic Behavior, Elsevier, vol. 140(C), pages 481-501.
- Geoffroy de Clippel & Rene Saran & Roberto Serrano, 2021. "Continuous Level-k Mechanism Design," Working Papers 2021-002, Brown University, Department of Economics.
- Penta, Antonio, 2015. "Robust dynamic implementation," Journal of Economic Theory, Elsevier, vol. 160(C), pages 280-316.
- Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei, 2023. "Continuous implementation with payoff knowledge," Journal of Economic Theory, Elsevier, vol. 209(C).
- Jain, Ritesh & Lombardi, Michele, 2022. "Continuous virtual implementation: Complete information," Journal of Mathematical Economics, Elsevier, vol. 99(C).
- Chen, Yi-Chun & Mueller-Frank, Manuel & Pai, Mallesh M., 2022. "Continuous implementation with direct revelation mechanisms," Journal of Economic Theory, Elsevier, vol. 201(C).
- Song, Yangwei, 2018. "Efficient Implementation with Interdependent Valuations and Maxmin Agents," Rationality and Competition Discussion Paper Series 92, CRC TRR 190 Rationality and Competition.
- Takahashi, Satoru & Tercieux, Olivier, 2020.
"Robust equilibrium outcomes in sequential games under almost common certainty of payoffs,"
Journal of Economic Theory, Elsevier, vol. 188(C).
- Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," Post-Print halshs-02875199, HAL.
- Satoru Takahashi & Olivier Tercieux, 2020. "Robust equilibrium outcomes in sequential games under almost common certainty of payoffs," PSE-Ecole d'économie de Paris (Postprint) halshs-02875199, HAL.
- Ghossoub, Mario, 2010. "Belief heterogeneity in the Arrow-Borch-Raviv insurance model," MPRA Paper 37630, University Library of Munich, Germany, revised 22 Mar 2012.
- Di Tillio, Alfredo, 2011. "A robustness result for rationalizable implementation," Games and Economic Behavior, Elsevier, vol. 72(1), pages 301-305, May.
- Yamashita, Takuro, 2018. "Revenue guarantees in auctions with a (correlated) common prior and additional information," TSE Working Papers 18-937, Toulouse School of Economics (TSE).
- Song, Yangwei, 2018. "Efficient implementation with interdependent valuations and maxmin agents," Journal of Economic Theory, Elsevier, vol. 176(C), pages 693-726.
- Qin, Cheng-Zhong & Yang, Chun-Lei, 2009. "An Explicit Approach to Modeling Finite-Order Type Spaces and Applications," University of California at Santa Barbara, Economics Working Paper Series qt8hq7j89k, Department of Economics, UC Santa Barbara.
- Bergemann, Dirk & Morris, Stephen & Takahashi, Satoru, 2017.
"Interdependent preferences and strategic distinguishability,"
Journal of Economic Theory, Elsevier, vol. 168(C), pages 329-371.
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772R, Cowles Foundation for Research in Economics, Yale University, revised Feb 2011.
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2011. "Interdependent Preferences and Strategic Distinguishability," Working Papers 1302, Princeton University, Department of Economics, Econometric Research Program..
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2011. "Interdependent Preferences and Strategic Distinguishability," Levine's Working Paper Archive 786969000000000054, David K. Levine.
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Working Papers 1267, Princeton University, Department of Economics, Econometric Research Program..
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772RR, Cowles Foundation for Research in Economics, Yale University, revised Jul 2014.
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Levine's Working Paper Archive 661465000000000273, David K. Levine.
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772R3, Cowles Foundation for Research in Economics, Yale University, revised Aug 2016.
- Dirk Bergemann & Stephen Morris & Satoru Takahashi, 2010. "Interdependent Preferences and Strategic Distinguishability," Cowles Foundation Discussion Papers 1772, Cowles Foundation for Research in Economics, Yale University.
- Kosenok, Grigory & Severinov, Sergei, 2008. "Individually rational, budget-balanced mechanisms and allocation of surplus," Journal of Economic Theory, Elsevier, vol. 140(1), pages 126-161, May.
- Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2022. "Robust refinement of rationalizability with arbitrary payoff uncertainty," Games and Economic Behavior, Elsevier, vol. 136(C), pages 485-504.
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Mechanism Design,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 2, pages 49-96,
World Scientific Publishing Co. Pte. Ltd..
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," Econometrica, Econometric Society, vol. 73(6), pages 1771-1813, November.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2004.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Levine's Bibliography 666156000000000035, UCLA Department of Economics.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421, Cowles Foundation for Research in Economics, Yale University.
- Stephen Morris & Dirk Bergemann, 2004. "Robust Mechanism Design," Yale School of Management Working Papers ysm380, Yale School of Management.
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," NajEcon Working Paper Reviews 666156000000000593, www.najecon.org.
- Stauber, Ronald, 2011. "Knightian games and robustness to ambiguity," Journal of Economic Theory, Elsevier, vol. 146(1), pages 248-274, January.
More about this item
Keywords
Cost of robustness; efficient auctions; informational size; interdependent values; robust mechanism design;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CDM-2012-04-17 (Collective Decision-Making)
- NEP-CTA-2012-04-17 (Contract Theory and Applications)
- NEP-GTH-2012-04-17 (Game Theory)
- NEP-MIC-2012-04-17 (Microeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cca:wpaper:248. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Giovanni Bert (email available below). General contact details of provider: https://edirc.repec.org/data/fccaait.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.