Implementation, Contracts, and Renegotiation in Environments With Complete Information

@inproceedings{Moore1992ImplementationCA,
  title={Implementation, Contracts, and Renegotiation in Environments With Complete Information},
  author={John. Moore and J. J. Laffont},
  year={1992}
}
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272 Citations
Highly Influential Citations
24
Background Citations
115
Methods Citations
24
Results Citations
2

272 Citations

Les fondements incomplets de l’incomplétude : Une revue critique de la théorie des contrats incomplets
h e incomplete contract theory sets all the models analyzing the causes and the consequences of contractual incompleteness resting on the standard rationality assumption. An incomplete contract is…
On decentralized incentive compatible mechanisms
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It is observed that in many common distributed environments computational entities can take advantage of the network structure to collect and distribute information, and a notion of partially informed environments is suggested.
A Solomonic Solution to Ownership Disputes: An Application to Blockchain Front-Running
TLDR
A simultaneous report mechanism is proposed that resolves Solomon’s dilemma (using only ordinal preference information) and also eliminates blockchain front-running.
Behavioral Constraints on the Design of Subgame-Perfect Implementation Mechanisms
TLDR
It is shown that subgame-perfect implementation mechanisms — which are based on off-equilibrium arbitration clauses that impose large fines for lying and the inappropriate use of arbitration — have severe behavioral constraints because the fines induce retaliation against legitimate uses of arbitration.
Implementation of the Lindahl Correspondance via Simple Indirect Mechanisms
Our paper proposes an original angle to study the free-rider problem in the provision of public goods when the regulator has no information about agents' preferences. For a given outcome -…
The Second-Price Auction Solves King Solomon’s Dilemma
TLDR
This strikingly simple mechanism (modified auction) implements the desired outcome in iteratively weakly undominated strategies by introducing a small participation fee and the option (not) to participate in it.
King Solomon’s Dilemma: An Experimental Study on Implementation
This paper reports an experiment conducted to compare two mechanisms that provide solutions to the King Solomon’s Dilemma. One of them is proposed by Moore (1992) and the other by Perry and Reny…
On Decentralized Incentive Compatible Mechanisms for Partially Informed Environments
TLDR
It is observed that in many common distributed environments computational entities can take advantage of the network structure to collect and distribute information and suggest a notion of partially informed environments.
Honesty-Proof Implementation
We investigate implementation of social choice functions that map from states to lotteries and may depend on factors other than agents' preferences. We assume that agents are not only purely…
A crash course in implementation theory
Abstract. This paper is meant to familiarize the audience with some of the fundamental results in the theory of implementation and provide a quick progression to some open questions in the literature.
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