Chen, Yi-Chun; Xiong, Siyang - In: Journal of Economic Theory 146 (2011) 2, pp. 751-761
Barelli [P. Barelli, On the genericity of full surplus extraction in mechanism design, J. Econ. Theory 144 (2009) 1320-1332] defines beliefs-determine-preferences (BDP) models and argues that BDP models are nongeneric in a topological sense. In this note, we point out some difficulties in...