TY - JOUR
T1 - Posterior implementation vs ex-post implementation
AU - Jehiel, Philippe
AU - Meyer-ter-Vehn, Moritz
AU - Moldovanu, Benny
AU - Zame, William R.
N1 - Funding Information:
Financial support provided by the Max Planck Research Prize (Moldovanu) and by the John Simon Guggenheim Foundation, the National Science Foundation (under grants SES-0079299 and SES-0317752) and the UCLA Academic Senate Committee on Research (Zame).
PY - 2007/10
Y1 - 2007/10
N2 - 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.
AB - 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.
KW - Ex-post implementation
KW - Multi-dimensional types
KW - Posterior implementation
UR - http://www.scopus.com/inward/record.url?scp=34548138825&partnerID=8YFLogxK
U2 - 10.1016/j.econlet.2007.02.023
DO - 10.1016/j.econlet.2007.02.023
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AN - SCOPUS:34548138825
SN - 0165-1765
VL - 97
SP - 70
EP - 73
JO - Economics Letters
JF - Economics Letters
IS - 1
ER -