Mechanism Design: Basic Concepts
نویسنده
چکیده
The setup is similar to that of a Bayesian game. The ingredients are: 1. denote a typical type of player i. (q (m) , t (m)). All of these are to be chosen by the mechanism designer. We call the pair Γ = (M, φ) a mechanism. We will consider dominant strategy equilibria in these Bayesian games as well as Bayesian Nash equilibria. Whichever solution concept we adopt, we call φ (m) = (q (m) , t (m)) the outcome according 1
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