Implementation in Differential Information Economies*
نویسنده
چکیده
Our goal in this paper is to merge several central ideas in economic theory: strategic behavior (incentive compatibility), differential (or incomplete) information, and the Arrow-Debreu model of general equilibrium. By strategic behavior we refer to the literature which models economic institutions as games in strategic form and uses Nash equilibrium as the solution concept. This literature, motivated by informational decentralization questions, deals not with a single economic environment and a single game, but rather considers a class of environments and a strategic outcome function (game form) which is applied uniformly to this class.
منابع مشابه
An Introduction to Differential Computation Analysis (DCA) on the withe-box cryptography algorithms
Advances in information and communication technologies lead to use of some new devices such as smart phones. The new devices provide more advantages for the adversaries hence with respect to them, one can define with-box cryptography. In this new model of cryptography, designers try to hide the key using as a kind of implementation. The Differential Computation Analysis (DCA) is a side channel ...
متن کاملCoalitional Bayesian Nash implementation in differential information economies
A mechanism coalitionally implements a social choice set if any outcome of the social choice set can be achieved as a coalitional Bayesian Nash equilibrium of a mechanism and vice versa. We say that a social choice set is coalitionally implementable if there is a mechanism which coalitionally implements it. Our main theorem proves that a social choice set is coalitionally implementable if and o...
متن کاملThe Challenge of Economic Growth and Environmental Protection in Developing Economies
T he main objective of the present study is to find out a clear answer to the question raised in developing countries, that whether such developing economies could be able to achieve economic growth as well as protect their environment simultaneously or these economies still suffer from a severe conflict between environmental protection and economic growth. So, different categories o...
متن کاملChallenges of Tagging Goods in Supply Chains and a Cloud Perspective with Focus on Some Transitional Economies
This paper considers some of the barriers in implementing the RFID (radio frequency identification) technology for identifying, locating, tracking and tracing goods in supply chains, along with a model for adopting cloud services that can mitigate these obstacles in the transitional environment. The analysis is based on the assessments of the implementation impediments, given by the experts in ...
متن کامل