Epistemic Implementation and The Arbitrary-Belief Auction
In settings of incomplete information we put forward an epistemic framework for designing mechanisms that successfully leverage the players' arbitrary higher-order beliefs, even when such beliefs are totally wrong, and even when the players are rational in a very weak sense. Following Aumann (1...
| Main Authors: | , , |
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| Other Authors: | |
| Language: | en-US |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/71232 |