MET Seminar - Mariann Ollar (Edinburgh)
| Dates: | 16 November 2022 |
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| Times: | 17:00 - 18:00 |
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| What is it: | Seminar |
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| Organiser: | School of Social Sciences |
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| Who is it for: | University staff, Current University students |
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Title: A Network Solution to Robust Implementation: the Case of Identical but UnknownDistributions (with Antonio Penta)
Abstract: We study robust mechanism design in environments in which agents commonly believe that others’ types are identically distributed, but we do not assume that the actual distribution is common knowledge, nor that it is known to the designer. First, we characterize all incentive compatible transfers under these assumptions. Second, we characterize the conditions under which full implementation is possible via direct mechanisms, that only elicit payoff relevant information, and the transfer schemes which achieve it whenever possible. The full implementation results obtain from showing that the problem can be transformed into one of designing a network of strategic externalities, subject to suitable constraints which are dictated by the incentive compatibility requirements.
Meet the speaker: https://docs.google.com/spreadsheets/d/1K6pJH2D1qKGE_xDVXqfEPDJWDxMKMY-hgs12QB1qHaU/edit?usp=sharing
Full schedule: http://daviddelacretaz.net/seminars/
Travel and Contact Information
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Room G.020
Arthur Lewis Building
Manchester
