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Behavioral implementation under incomplete information

Author

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  • Barlo, Mehmet
  • Dalkıran, Nuh Aygün

Abstract

We investigate implementation under incomplete information allowing for individuals' choices featuring violations of rationality. Our primitives are individuals' interim choices that do not have to satisfy the weak axiom of revealed preferences. In this setting, we provide necessary as well as sufficient conditions for behavioral implementation under incomplete information. We also introduce behavioral interim incentive Pareto efficiency and investigate its implementability under incomplete information.

Suggested Citation

  • Barlo, Mehmet & Dalkıran, Nuh Aygün, 2023. "Behavioral implementation under incomplete information," Journal of Economic Theory, Elsevier, vol. 213(C).
  • Handle: RePEc:eee:jetheo:v:213:y:2023:i:c:s0022053123001345
    DOI: 10.1016/j.jet.2023.105738
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    References listed on IDEAS

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    Cited by:

    1. Hagiwara, Makoto, 2025. "Behavioral subgame perfect implementation," Journal of Economic Behavior & Organization, Elsevier, vol. 233(C).
    2. Korpela, Ville & Lombardi, Michele & Zachariassen, Julius, 2026. "Behavioral implementation by individual-based rights structures: A full characterization," Journal of Economic Behavior & Organization, Elsevier, vol. 241(C).

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    Keywords

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    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • D79 - Microeconomics - - Analysis of Collective Decision-Making - - - Other
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General

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