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Persistent link: https://www.econbiz.de/10012416213
We consider the problem of defining all possible Bayesian truth serums for agents represented by a singly connected network (a tree graph). Agents receive signals according to a probability distribution that is common knowledge and that matches the network structure. The planner knows the...
Persistent link: https://www.econbiz.de/10012952995
We consider the following ’truth serum’ mechanism problem: Two players observe signals drawn from a common prior on n x m. They are risk neutral, care only about mechanism payoffs, and will not provide information without incentives. A counterexample shows that one cannot construct a robust...
Persistent link: https://www.econbiz.de/10014087597