Posterior implementation vs ex-post implementation

Philippe Jehiel, Moritz Meyer-ter-Vehn, Benny Moldovanu, William R. Zame

Research output: Contribution to journalArticlepeer-review

Abstract

Posterior implementation is a weaker concept than ex-post implementation. It requires that agents' strategies are optimal against others' strategies, given the precise information made available by the mechanism. Whereas ex-post implementation is generically impossible, we show by example that this need not be the case for posterior implementation.

Original languageEnglish
Pages (from-to)70-73
Number of pages4
JournalEconomics Letters
Volume97
Issue number1
DOIs
StatePublished - Oct 2007
Externally publishedYes

Keywords

  • Ex-post implementation
  • Multi-dimensional types
  • Posterior implementation

Cite this