From the Revelation Principle to the Principles of Revelation

Autor: Olivier Bochet
Rok vydání: 2019
Předmět:
Zdroj: The Future of Economic Design ISBN: 9783030180492
Popis: In this short piece, I discuss a recent topic in the mechanism design literature regarding the performance of strategy-proof rules. From the revelation principle, all strategy-proof rules are equivalent but it has been found that some perform better than others in practice. In line with some of the recent literature, I advocate for a more thorough study and the addition of protective criterion on top of strategy-proofness.
Databáze: OpenAIRE