Information in Mechanism Design
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.
|Date of creation:||Aug 2005|
|Publication status:||Published in Blundell, Newey and Persson, eds., Proceedings of the 9th World Congress of the Econometric Society, 2006, pp. 186-221|
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|Order Information:|| Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA|
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