IDEAS home Printed from https://ideas.repec.org/p/nwu/cmsems/1339.html
   My bibliography  Save this paper

Ex-Post Incentive Compatible Mechanism Design

Author

Listed:
  • Jeffrey C. Ely
  • Kim-Sau Chung

Abstract

No abstract is available for this item.

Suggested Citation

  • Jeffrey C. Ely & Kim-Sau Chung, 2002. "Ex-Post Incentive Compatible Mechanism Design," Discussion Papers 1339, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  • Handle: RePEc:nwu:cmsems:1339
    as

    Download full text from publisher

    File URL: http://www.kellogg.northwestern.edu/research/math/papers/1339.pdf
    File Function: main text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kim-Sau Chung & Jeffrey C. Ely, 2019. "Efficient and Dominance Solvable Auctions with Interdependent Valuations," The Journal of Mechanism and Institution Design, Society for the Promotion of Mechanism and Institution Design, University of York, vol. 4(1), pages 1-38, November.
    2. Jehiel, Philippe & Moldovanu, Benny, 2001. "Efficient Design with Interdependent Valuations," Econometrica, Econometric Society, vol. 69(5), pages 1237-1259, September.
    3. 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..
    4. Myerson, Roger B. & Satterthwaite, Mark A., 1983. "Efficient mechanisms for bilateral trading," Journal of Economic Theory, Elsevier, vol. 29(2), pages 265-281, April.
    5. Fieseler, Karsten & Kittsteiner, Thomas & Moldovanu, Benny, 2003. "Partnerships, lemons, and efficient trade," Journal of Economic Theory, Elsevier, vol. 113(2), pages 223-234, December.
    6. Steven R. Williams, 1999. "A characterization of efficient, bayesian incentive compatible mechanisms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 14(1), pages 155-180.
    7. d'Aspremont, Claude & Gerard-Varet, Louis-Andre, 1979. "Incentives and incomplete information," Journal of Public Economics, Elsevier, vol. 11(1), pages 25-45, February.
    8. Mookherjee, Dilip & Reichelstein, Stefan, 1992. "Dominant strategy implementation of Bayesian incentive compatible allocation rules," Journal of Economic Theory, Elsevier, vol. 56(2), pages 378-399, April.
    9. Dirk Bergemann & Juuso Valimaki, 2002. "Information Acquisition and Efficient Mechanism Design," Econometrica, Econometric Society, vol. 70(3), pages 1007-1033, May.
    10. Vijay Krishna & Motty Perry, 1997. "Efficient Mechanism Design," Game Theory and Information 9703010, University Library of Munich, Germany, revised 28 Apr 1998.
    11. Motty Perry & Philip J. Reny, 2002. "An Efficient Auction," Econometrica, Econometric Society, vol. 70(3), pages 1199-1212, May.
    12. Cremer, Jacques & McLean, Richard P, 1985. "Optimal Selling Strategies under Uncertainty for a Discriminating Monopolist When Demands Are Interdependent," Econometrica, Econometric Society, vol. 53(2), pages 345-361, March.
    13. Krishna, Vijay & Maenner, Eliot, 2001. "Convex Potentials with an Application to Mechanism Design," Econometrica, Econometric Society, vol. 69(4), pages 1113-1119, July.
    14. McAfee, R Preston & Reny, Philip J, 1992. "Correlated Information and Mechanism Design," Econometrica, Econometric Society, vol. 60(2), pages 395-421, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. , & ,, 2015. "Implementation with interdependent valuations," Theoretical Economics, Econometric Society, vol. 10(3), September.
    2. Hitoshi Matsushima, 2002. "Honesty-Proof Implementation," CIRJE F-Series CIRJE-F-178, CIRJE, Faculty of Economics, University of Tokyo.
    3. Csapó, Gergely & Müller, Rudolf, 2013. "Optimal mechanism design for the private supply of a public good," Games and Economic Behavior, Elsevier, vol. 80(C), pages 229-242.
    4. Yu Chen & Zhenhua Wu, 2012. "Delegation Principle for Multi-agency Games under Ex Post Equilibrium," CAEPR Working Papers 2012-008, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    5. Jarman, Felix & Meisner, Vincent, 2017. "Ex-post optimal knapsack procurement," Journal of Economic Theory, Elsevier, vol. 171(C), pages 35-63.
    6. , & , A., 2007. "Efficiency in repeated trade with hidden valuations," Theoretical Economics, Econometric Society, vol. 2(3), September.
    7. Jehiel, Philippe & Moldovanu, Benny, 2005. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 142, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    8. Hernando-Veciana, Ángel & Michelucci, Fabio, 2011. "Second best efficiency and the English auction," Games and Economic Behavior, Elsevier, vol. 73(2), pages 496-506.
    9. M. Yenmez, 2015. "Incentive compatible market design with applications," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(3), pages 543-569, August.
    10. Baisa, Brian, 2020. "Efficient multi-unit auctions for normal goods," Theoretical Economics, Econometric Society, vol. 15(1), January.
    11. repec:inu:caeprp:2012-008 is not listed on IDEAS
    12. Jérémie Gallien, 2006. "Dynamic Mechanism Design for Online Commerce," Operations Research, INFORMS, vol. 54(2), pages 291-310, April.
    13. Philippe Jehiel & Moritz Meyer-ter-Vehn & Benny Moldovanu, 2008. "Ex-post implementation and preference aggregation via potentials," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(3), pages 469-490, December.
    14. James Bergin & Lin Zhou, 2006. "Monotonic Assignment Rules and Common Pricing," Mathematics of Operations Research, INFORMS, vol. 31(1), pages 133-146, February.
    15. Philippe Jehiel & Moritz Meyer-ter-Vehn & Benny Moldovanu & William R. Zame, 2006. "The Limits of ex post Implementation," Econometrica, Econometric Society, vol. 74(3), pages 585-610, May.
    16. Mathevet, Laurent & Taneva, Ina, 2013. "Finite supermodular design with interdependent valuations," Games and Economic Behavior, Elsevier, vol. 82(C), pages 327-349.
    17. Parikshit De & Manipushpak Mitra, 2017. "Incentives and justice for sequencing problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(2), pages 239-264, August.
    18. Postl Peter, 2011. "Strategy-Proof Compromises," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-37, October.
    19. Angel Hernando-Veciana & Fabio Michelucci, 2013. "Do Not Panic: How to Avoid Inefficient Rushes Using Multi-Stage Auctions," CERGE-EI Working Papers wp489, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    20. Sushil Bikhchandani & Shurojit Chatterjee & Arunava Sen, 2004. "Incentive Compatibility in Multi-unit Auctions," Levine's Bibliography 122247000000000750, UCLA Department of Economics.
    21. Leo, Greg, 2017. "Taking turns," Games and Economic Behavior, Elsevier, vol. 102(C), pages 525-547.

    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.
    1. Fieseler, Karsten & Kittsteiner, Thomas & Moldovanu, Benny, 2003. "Partnerships, lemons, and efficient trade," Journal of Economic Theory, Elsevier, vol. 113(2), pages 223-234, December.
    2. Philippe Jehiel & Benny Moldovanu, 2005. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Levine's Bibliography 784828000000000490, UCLA Department of Economics.
    3. M. Yenmez, 2015. "Incentive compatible market design with applications," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(3), pages 543-569, August.
    4. Gärtner, Dennis L. & Schmutzler, Armin, 2009. "Merger negotiations and ex-post regret," Journal of Economic Theory, Elsevier, vol. 144(4), pages 1636-1664, July.
    5. 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..
    6. Barberà, Salvador & Berga, Dolors & Moreno, Bernardo, 2022. "Restricted environments and incentive compatibility in interdependent values models," Games and Economic Behavior, Elsevier, vol. 131(C), pages 1-28.
    7. Corchón, Luis C., 2008. "The theory of implementation : what did we learn?," UC3M Working papers. Economics we081207, Universidad Carlos III de Madrid. Departamento de Economía.
    8. Matsushima, Hitoshi & Noda, Shunya, 2023. "Mechanism design with general ex-ante investments," Journal of Mathematical Economics, Elsevier, vol. 106(C).
    9. 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.
    10. Sushil Bikhchandani & Shurojit Chatterjee & Arunava Sen, 2004. "Incentive Compatibility in Multi-unit Auctions," Levine's Bibliography 122247000000000750, UCLA Department of Economics.
    11. Dirk Bergemann & Stephen Morris, 2012. "Ex Post Implementation," World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 3, pages 97-152, World Scientific Publishing Co. Pte. Ltd..
    12. Tilman Börgers & Peter Norman, 2009. "A note on budget balance under interim participation constraints: the case of independent types," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(3), pages 477-489, June.
    13. Stefano Galavotti & Nozomu Muto & Daisuke Oyama, 2011. "On efficient partnership dissolution under ex post individual rationality," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(1), pages 87-123, September.
    14. Liu, Heng, 2018. "Efficient dynamic mechanisms in environments with interdependent valuations: the role of contingent transfers," Theoretical Economics, Econometric Society, vol. 13(2), May.
    15. Levent Ulku, 2012. "Nonmonotone Mechanism Design," Working Papers 1202, Centro de Investigacion Economica, ITAM.
    16. Guo, Huiyi, 2019. "Mechanism design with ambiguous transfers: An analysis in finite dimensional naive type spaces," Journal of Economic Theory, Elsevier, vol. 183(C), pages 76-105.
    17. Jacob K. Goeree & Alexey Kushnir, 2011. "On the equivalence of Bayesian and dominant strategy implementation in a general class of social choice problems," ECON - Working Papers 021, Department of Economics - University of Zurich.
    18. Bumin Yenmez, M., 2012. "Dissolving multi-partnerships efficiently," Journal of Mathematical Economics, Elsevier, vol. 48(2), pages 77-82.
    19. Grüner, Hans Peter, 2008. "Public goods, participation constraints, and democracy: A possibility theorem," CEPR Discussion Papers 7066, C.E.P.R. Discussion Papers.
    20. Daske, Thomas & March, Christoph, 2022. "Efficient Incentives with Social Preferences," EconStor Preprints 254263, ZBW - Leibniz Information Centre for Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:nwu:cmsems:1339. 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: Fran Walker (email available below). General contact details of provider: https://edirc.repec.org/data/cmnwuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.