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A novel result on the revenue equivalence theorem

Author

Listed:
  • Wu, Haoyang

Abstract

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

Suggested Citation

  • Wu, Haoyang, 2011. "A novel result on the revenue equivalence theorem," MPRA Paper 31988, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:31988
    as

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    File URL: https://mpra.ub.uni-muenchen.de/31988/1/MPRA_paper_31988.pdf
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    References listed on IDEAS

    as
    1. Roberto Serrano, 2003. "The Theory of Implementation of Social Choice Rules," Working Papers 2003-19, Brown University, Department of Economics.
    2. Wu, Haoyang, 2011. "Quantum Bayesian implementation and revelation principle," MPRA Paper 30653, University Library of Munich, Germany.
    3. Wu, Haoyang, 2011. "On amending the sufficient conditions for Nash implementation," MPRA Paper 30067, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Quantum game theory; Algorithmic Bayesian mechanism; Revelation principle; Revenue equivalence theorem.;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions

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