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An Impossibility Theorem on Truthful Reporting in Fully Decentralized Systems

Year of publication:
[2022]
Authors: Garratt, Rodney ; Monnet, Cyril
Publisher: [S.l.] : SSRN
Subject: Unmöglichkeitstheorem | Impossibility theorem | Theorie | Theory | Dezentralisierung | Decentralization
Description of contents:
We show that truthful reporting about the realization of a publicly observed event cannot be implemented as a unique equilibrium in a completely decentralized environment
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