逆包络定理

The Converse Envelope Theorem

Econometrica · 2022
被引 1
人大 A+FT50ABS 4*

中文导读

证明了包络公式等价于一阶条件,即逆包络定理;该定理无需选择集结构,可用于扩展机制设计中单调分配的可实施性,并应用于信息销售。

Abstract

I prove an envelope theorem with a converse: the envelope formula is equivalent to a first‐order condition. Like Milgrom and Segal's (2002) envelope theorem, my result requires no structure on the choice set. I use the converse envelope theorem to extend to general outcomes and preferences the canonical result in mechanism design that any increasing allocation is implementable, and apply this to selling information.

包络定理逆包络定理一阶条件机制设计