Bayesian and Dominant Strategy Implementation in the Independent Private Values Model

  title={Bayesian and Dominant Strategy Implementation in the Independent Private Values Model},
  author={Alejandro M. Manelli and Daniel R. Vincent},
We prove—in the standard independent private-values model—that the outcome, in terms of expected probabilities of trade and expected transfers, of any Bayesian mechanism, can also be obtained with a dominant-strategy mechanism. 
Highly Cited
This paper has 73 citations. REVIEW CITATIONS

From This Paper

Figures and tables from this paper.
43 Citations
20 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 20 references

Implementation of reduced form auctions: A geometric approach,

  • K. Border
  • 1991
Highly Influential
16 Excerpts

On the implementability of reduced form auctions,

  • S. Matthews
  • 1984
Highly Influential
5 Excerpts

Bayesian and weakly robust first-best mechanisms: characterization,

  • L. Makowski, C. Mezzetti
  • Journal of Economic Theory,
  • 1994
Highly Influential
4 Excerpts

Gerard-Varet (1979a): “Incentives and incomplete information,

  • C. d’Aspremont, A L.
  • Journal of Public Economics,
  • 1979
Highly Influential
3 Excerpts

Optimal auction with a general distribution: Virtual valuations without a density,

  • P. Monteiro, B. Fux Svaiter
  • 2007
1 Excerpt

Reduced form auctions revisited,

  • K. Border
  • Economic Theory,
  • 2007
2 Excerpts

Similar Papers

Loading similar papers…