We prove—in the standard independent private‐values model—that the outcome, in terms of interim expected probabilities of trade and interim expected transfers, of Bayesian mechanism can also be obtained with a dominant‐strategy mechanism.
MLA
Manelli, Alejandro M., and Daniel R. Vincent. “Bayesian and Dominant‐Strategy Implementation in the Independent Private‐Values Model.” Econometrica, vol. 78, .no 6, Econometric Society, 2010, pp. 1905-1938, https://doi.org/10.3982/ECTA8025
Chicago
Manelli, Alejandro M., and Daniel R. Vincent. “Bayesian and Dominant‐Strategy Implementation in the Independent Private‐Values Model.” Econometrica, 78, .no 6, (Econometric Society: 2010), 1905-1938. https://doi.org/10.3982/ECTA8025
APA
Manelli, A. M., & Vincent, D. R. (2010). Bayesian and Dominant‐Strategy Implementation in the Independent Private‐Values Model. Econometrica, 78(6), 1905-1938. https://doi.org/10.3982/ECTA8025
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