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
Keywords
- Posterior implementation
- Ex-post implementation
- Multi-dimensional types
Pages
- 70-73
URL of the HAL notice
Version
- 1
Volume
- 97