Posterior Implementation versus Ex-Post Implementation

Journal article: 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.

Author(s)

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

Journal
  • Economics Letters
Date of publication
  • 2007
Keywords JEL
D44 D81
Keywords
  • Posterior implementation
  • Ex-post implementation
  • Multi-dimensional types
Pages
  • 70-73
Version
  • 1
Volume
  • 97