Incentive compatible mechanisms in multiprincipal multiagent games
AbstractIt is argued that the revelation principle in multi-principal multi-agent games cannot be generalized. In other words, one cannot restrict attention to incentive compatible mechanisms, even if the concept of information is enlarged.
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Bibliographic InfoPaper provided by Luxembourg School of Finance, University of Luxembourg in its series LSF Research Working Paper Series with number 08-02.
Date of creation: 2008
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Direct Mechanims; Incentive compatible; Multiprincipals.;
Find related papers by JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-07-30 (All new papers)
- NEP-CTA-2008-07-30 (Contract Theory & Applications)
- NEP-GTH-2008-07-30 (Game Theory)
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