Robust Mechanism Design: An Analogy-Based Expectation Equilibrium Perspective
Book section: In this short essay, I revisit the idea of robust mechanism design explicitly taking into account that it may be hard to access the beliefs held by agents in previous plays of the mechanism. I propose modelling such an environment using the apparatus of the analogy-based expectation equilibrium with payoff-relevant analogy partitions. Such an approach allows to move away from impossibility results that arise with ex post implementation.
Author(s)
Philippe Jehiel
Publisher(s)
- Springer
Scientific editor(s)
- Jean-François Laslier
- Hervé Moulin
- M. Remzi Sanver
- William S. Zwicker
Title of the work
- The Future of Economic Design
Date of publication
- 2019