Babaioff, Moshe; Blumrosen, Liad; Schapira, Michael - In: Games and Economic Behavior 77 (2013) 1, pp. 153-167
In the presence of self-interested parties, mechanism designers typically aim to implement some social-choice function in an equilibrium. This paper studies the cost of such equilibrium requirements in terms of communication. While a certain amount of information x needs to be communicated just...