Implementation of Reduced Form Mechanisms : A Simple Approach and a New Characterization ∗

@inproceedings{Hart2011ImplementationOR,
  title={Implementation of Reduced Form Mechanisms : A Simple Approach and a New Characterization ∗},
  author={Sergiu Hart and Philip J. Reny},
  year={2011}
}
We provide a new characterization of implementability of reduced form mechanisms in terms of straightforward second-order stochastic dominance. In addition, we present a simple proof of Matthews (1984) conjecture, proved by Border (1991), on implementability. 

References

Publications referenced by this paper.
Showing 1-10 of 19 references

Reduced form auctions revisited

  • K. C. Border
  • Econ. Theory 31,
  • 2007
Highly Influential
9 Excerpts

Implementation of reduced form auctions : a geometric approach

  • K. C. Border
  • Econometrica
  • 1991
Highly Influential
4 Excerpts

On the implementability of reduced form auctions

  • S. A. Matthews
  • Econometrica
  • 1984
Highly Influential
4 Excerpts

Stochastic Orders

  • M. Shaked, J. G. Shanthikumar
  • Ann. Math. Stat. 36,
  • 2010
Highly Influential
7 Excerpts

Increasing risk : some direct constructions

  • M. Machina, J. Pratt
  • J . Risk Uncertain .
  • 1997
Highly Influential
5 Excerpts

An algorithmic characterization ofmultidimensionalmechanisms

  • Y. Cai, C. Daskalakis, S. M. Weinberg
  • 2012
1 Excerpt

Similar Papers

Loading similar papers…