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Information in Mechanism Design

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Author Info
Dirk Bergemann () (Cowles Foundation, Yale University)
Juuso Valimaki (Dept. of Economics, Helsinki School of Economics, University of Southampton)

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Abstract

We survey the recent literature on the role of information for mechanism design. We specifically consider the role of endogeneity of and robustness to private information in mechanism design. We view information acquisition of and robustness to private information as two distinct but related aspects of information management important in many design settings. We review the existing literature and point out directions for additional future work.

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File URL: http://cowles.econ.yale.edu/P/cd/d15a/d1532.pdf
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Publisher Info
Paper provided by Cowles Foundation, Yale University in its series Cowles Foundation Discussion Papers with number 1532.

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Length: 51 pages
Date of creation: Aug 2005
Date of revision:
Publication status: Published in Blundell, Newey and Persson, eds., Proceedings of the 9th World Congress of the Econometric Society, 2006, pp. 186-221
Handle: RePEc:cwl:cwldpp:1532

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Postal: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Phone: (203) 432-3702
Fax: (203) 432-6167
Web page: http://cowles.econ.yale.edu/
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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Related research
Keywords: Mechanism Design; Information Acquisition; Ex Post Equilibrium; Robust Mechanism Design; Interdependent Values; Information Management;

Other versions of this item:

Find related papers by JEL classification:
C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Crémer, Jacques & Spiegel, Yossi & Zheng, Charles, 2005. "Optimal Search Auctions," IDEI Working Papers 293, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    Other versions:
  2. Vasiliki Skreta, 2007. "On the Informed Seller Problem: Optimal Information Disclosure," Levine's Bibliography 843644000000000222, UCLA Department of Economics. [Downloadable!]
  3. Inderst, Roman & Peitz, Martin, 2008. "Selling Service Plans to Differentially Informed Customers," ZEW Discussion Papers 08-125, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  4. Jingfeng Lu, 2009. "Why a Simple Second-Price Auction Induces Efficient Endogenous Entry," Theory and Decision, Springer, vol. 66(2), pages 181-198, February. [Downloadable!] (restricted)
  5. Vasiliki Skreta, 2007. "On the Informed Seller Problem: Optimal Information Disclosure," Levine's Bibliography 122247000000001789, UCLA Department of Economics. [Downloadable!]
  6. Cremer, Jaques & Spiegel, Yossi & Zheng, Charles, 2006. "Optimal Search Auctions," Staff General Research Papers 12662, Iowa State University, Department of Economics.
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This page was last updated on 2009-11-12.

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