Quantum Bayesian implementation and revelation principle

نویسنده

  • Haoyang Wu
چکیده

Bayesian implementation concerns decision making problems when agents have incomplete information. This paper proposes that the traditional sufficient conditions for Bayesian implementation shall be amended by virtue of a quantum Bayesian mechanism. In addition, by using an algorithmic Bayesian mechanism, this amendment holds in the macro world. More importantly, we find that the revelation principle is not always right by using the quantum and algorithmic Bayesian mechanisms.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Revelation Principles in Multistage Games∗

We study the revelation principle in multistage games for perfect Bayesian equilibium and sequential equilibrium. The question of whether or not the revelation principle holds is subtle, as expanding players’ opportunities for communication expands the set of consistent beliefs at off-path information sets. In settings with adverse selection but no moral hazard, Nash, perfect Bayesian, and sequ...

متن کامل

A Revelation Principle for (Boundedly) Bayesian Rationalizable Strategies

The revelation principle is reconsidered in the light of recent work questioning its general applicability, as well as other work on the Bayesian foundations of game theory. Implementation in rationalizable strategies is considered. A generalized version of the revelation principle is proposed recognizing that, unless agents all have dominant strategies, the outcome of any allocation mechanism ...

متن کامل

A costly Bayesian implementable social choice function may not be truthfully implementable

The revelation principle is a fundamental theorem in many economics fields. In this paper, we construct a simple labor model to show that a social choice function which can be implemented costly in Bayesian Nash equilibrium may not be truthfully implementable. The key point is the strategy cost condition given in Section 4: In the direct mechanism, each agent only reports a type and will not pa...

متن کامل

Synthesis of CdTe quantum dots coated with biocompatible materials and investigation of their identification Properties

Fingerprint identification or dactyloscopy is a method for human identification. The impressions left by a human finger on surfaces are not visible to naked eyes (latent fingerprint); therefore, they require revelation to become visible and identified. Within the last century, several fingerprint revelation techniques such as optical, physical, and chemical were studied. These traditional metho...

متن کامل

Feasible Mechanisms in Economies with Type-Dependent Endowments

We consider N.T.U. and T.U. exchange economies in which initial endowments and preferences depend on the agents’private information. Every agent knows his own initial endowment, but his utility over consumption bundles possibly depends on the others’information (common values). We describe general allocation games in which agents make non-veri…able claims about their types and e¤ective deposits...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:
  • CoRR

دوره abs/1104.0471  شماره 

صفحات  -

تاریخ انتشار 2011