A novel result on the revenue equivalence theorem

This paper gives two examples to break through the revelation principle. Furthermore, the revenue equivalence theorem does not hold.

Year of publication:	2011-07-03
Authors:	Wu, Haoyang
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Quantum game theory \| Algorithmic Bayesian mechanism \| Revelation principle \| Revenue equivalence theorem

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D71 - Social Choice; Clubs; Committees; Associations ; D44 - Auctions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009151118