Abstract types and distributions in independent private value auctions

被引：2

作者：

Monteiro, Paulo Klinger ^{[1
]}

机构：

[1] FGV EPGE, BR-22250900 Rio De Janeiro, Brazil

来源：

ECONOMIC THEORY | 2009年 / 40卷 / 03期

关键词：

Independent private values; Abstract types; Revenue equivalence;

D O I：

10.1007/s00199-008-0386-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A large body of the mechanism design literature relies on convexity assumptions on the set of types (that is, on the domain of the mechanism). In this note I show that, at least for auction mechanisms with independent signals, it is always possible to extend incentive compatible mechanisms to incentive compatible mechanisms defined on any larger set of types.

引用

页码：497 / 507

页数：11

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