MECHANISM DESIGN WITH AMBIGUOUS COMMUNICATION DEVICES

• 成果类型: Article
• 署名作者: Bose, Subir; Renou, Ludovic
• 署名单位: University of Leicester; University of Essex
• 刊物名称: ECONOMETRICA
• ISSN/ISSBN: 0012-9682
• DOI: 10.3982/ECTA10285
• 发表日期: 2014
• 页码: 1853-1872
• 关键词: beliefs; utility

摘要

This paper considers mechanism design problems in environments with ambiguity-sensitive individuals. The novel idea is to introduce ambiguity in mechanisms so as to exploit the ambiguity sensitivity of individuals. Deliberate engineering of ambiguity, through ambiguous mediated communication, can allow (partial) implementation of social choice functions that are not incentive compatible with respect to prior beliefs. We provide a complete characterization of social choice functions partially implementable by ambiguous mechanisms.