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  • 标题:Ex post implementation in environments with private goods
  • 本地全文:下载
  • 作者:Bikhchandani, Sushil
  • 期刊名称:Theoretical Economics
  • 印刷版ISSN:1555-7561
  • 出版年度:2006
  • 卷号:1
  • 期号:3
  • 页码:369-393
  • 出版社:Econometric Society
  • 摘要:We prove by construction that ex post incentive compatible mechanisms exist in a private goods setting with multi-dimensional signals and interdependent values. The mechanism shares features with the generalized Vickrey auction of one-dimensional signal models. The construction implies that for environments with private goods, informational externalities (i.e., interdependent values) are compatible with ex post equilibrium in the presence of multi-dimensional signals.
  • 关键词:Ex post incentive compatibility; multi-dimensional information; interdependent values
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