Implementation with ex post hidden actions
In this paper, we study implementation in settings where agents take strategic actions that influence preferences over mechanism outcomes and yet are hidden from the mechanism designer. We show that such settings can arise in entry auctions for markets, and that the Vickery-Clarke-Groves Mechanism i...
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| Format: | Article |
| Language: | English |
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Society for the Promotion of Mechanism and Institution Design
2020-12-01
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| Series: | Journal of Mechanism and Institution Design |
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| Online Access: |
http://www.mechanism-design.org/arch/v005-1/p_01.pdf
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