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T-Space at The University of Toronto Libraries >
Theoretical Economics >
Volume 1, Number 3 (September 2006) >

Please use this identifier to cite or link to this item: http://hdl.handle.net/1807/9413

Title: Ex post implementation in environments with private goods
Authors: Sushil Bikhchandani; University of California, Los Angeless
Keywords: 
Ex post incentive compatibility, multi-dimensional information, interdependent values
D44
Issue Date: 7-Sep-2006
Publisher: Theoretical Economics
Citation: Theoretical Economics; Vol 1, No 3 (2006); 369-393
Abstract: [This item is a preserved copy. To view the original, visit http://econtheory.org/] We prove by construction that ex post incentive compatible mechanisms exist in a private goods setting with multi-dimensional signals and interdependent values. The mechanism shares features with the generalized Vickrey auction of one-dimensional signal models. The construction implies that for environments with private goods, informational externalities (i.e., interdependent values) are compatible with ex post equilibrium in the presence of multi-dimensional signals.
URI: http://hdl.handle.net/1807/9413
Other Identifiers: http://econtheory.org/ojs/index.php/te/article/view/20060369
Rights: Authors who publish in <i>Theoretical Economics</i> will release their articles under the <a href="http://creativecommons.org/licenses/by-nc/2.5/">Creative Commons Attribution-NonCommercial license</a>. This license allows anyone to copy and distribute the article for non-commercial purposes provided that appropriate attribution is given.
Appears in Collections:Volume 1, Number 3 (September 2006)

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