On the equivalence of Bayesian and dominant strategy implementation: The case of non-linear utilities

We extend the equivalence between Bayesian and dominant strategy implementation established by Gershkov et al. (Econometrica, 2013) to environments with non-linear utilities satisfying the average single-crossing property and the convex-valued assumption. The new equivalence result produces novel implications to the literature on the principal-agent problem with allocative externalities, environmental mechanism design, and public good provision.

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Year of publication:	2015
Authors:	Kushnir, Alexey ; Liu, Shuo
Publisher:	Zurich : University of Zurich, Department of Economics
Subject:	Bayesian implementation \| dominant strategy implementation \| mechanism design \| non-linear utilities \| single-crossing

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Series:	Working Paper ; 212
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.5167/uzh-115786 [DOI] 84115452X [GVK] hdl:10419/126591 [Handle]
Classification:	D82 - Asymmetric and Private Information
Source:	EconStor

Persistent link: https://www.econbiz.de/10011420555