函数的中间理性可实施性

Interim Rationalizable Implementation of Functions

Mathematics of Operations Research · 2023
被引 4
ABS 3

中文导读

研究了不完全信息环境下社会选择函数的理性可实施性,提出了弱中间理性单调性条件,证明其是理性可实施的必要且几乎充分条件,并纠正了文献中关于中间理性单调性必要性的错误结论。

Abstract

This paper investigates rationalizable implementation of social choice functions (SCFs) in incomplete information environments. We identify weak interim rationalizable monotonicity (weak IRM) as a novel condition and show it to be a necessary and almost sufficient condition for rationalizable implementation. We show by means of robust examples that interim rationalizable monotonicity (IRM), found in the literature, is strictly stronger than weak IRM and that IRM is not necessary for rationalizable implementation, as had been previously claimed. These examples also demonstrate that Bayesian monotonicity, the key condition for full Bayesian implementation, is not necessary for rationalizable implementation. That is, rationalizable implementation can be more permissive than Bayesian implementation. We revisit well-studied classes of economic environments and show that the SCFs considered there are interim rationalizable implementable. A comprehensive discussion of related issues, including well-behaved mechanisms, mechanisms satisfying the best response property, double implementation, and responsive SCFs is also provided. Funding: This work was supported by Ministry of Education, Singapore [Grant MOE Academic Research Fund Tier 2/MOE-T2EP402A20-0].

社会选择理论不完全信息机制设计博弈论实施理论