A novel result on the revenue equivalence theorem
AbstractThis paper gives two examples to break through the revelation principle. Furthermore, the revenue equivalence theorem does not hold.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 31988.
Date of creation: 03 Jul 2011
Date of revision:
Quantum game theory; Algorithmic Bayesian mechanism; Revelation principle; Revenue equivalence theorem.;
Find related papers by JEL classification:
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-13 (All new papers)
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.:
- Roberto Serrano, 2003.
"The Theory of Implementation of Social Choice Rules,"
Working Papers, Brown University, Department of Economics
2003-19, Brown University, Department of Economics.
- Roberto Serrano, 2003. "The Theory of Implementation of Social Choice Rules," Economics Working Papers, Institute for Advanced Study, School of Social Science 0033, Institute for Advanced Study, School of Social Science.
- Wu, Haoyang, 2011. "On amending the sufficient conditions for Nash implementation," MPRA Paper 30067, University Library of Munich, Germany.
- Wu, Haoyang, 2011. "Quantum Bayesian implementation and revelation principle," MPRA Paper 30653, University Library of Munich, Germany.
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