The revelation principle is a fundamental result in mechanism design, social choice theory, and game theory which shows it is always possible to design...
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Mechanism design (section Revelation principle)
revelation principle, no matter the mechanism a designer can confine attention to equilibria in which agents truthfully report type. The revelation principle...
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Minimax (redirect from Maximin principle)
where he refers to it in the context of The Difference Principle. Rawls defined this principle as the rule which states that social and economic inequalities...
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voting in all circumstances, regardless of how others vote. The revelation principle can be seen as an impossibility theorem showing the "opposite" of...
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enabling the eventual dominance of intolerance; thereby undermining the very principle of tolerance. This paradox was articulated by philosopher Karl Popper...
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Incentive compatibility (section Revelation principles)
The revelation principle comes in two variants corresponding to the two flavors of incentive-compatibility: The dominant-strategy revelation-principle says...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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substantiate the principle, referring to Numbers 14:34 in support of his interpretation of the three and a half days of Revelation 11:9. Haymo and Bruno...
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November 2011. Retrieved 4 August 2011. Myerson, Roger B. (2008). "revelation principle". The New Palgrave Dictionary of Economics. Archived from the original...
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The Book of Revelation, also known as the Book of the Apocalypse or the Apocalypse of John, is the final book of the New Testament, and therefore the final...
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information, the optimization problems can be handled due to the revelation principle. A leading textbook exposition of complete contract theory is Laffont...
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provides a general proof that there are no asymmetric equilibriums. The revelation principle is a simple but powerful insight. In 1979 Riley & Samuelson (1981)...
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permanence of the principle of plural marriage. Along with Joseph Smith's 1843 revelation on plural marriage, the 1886 revelation is one of the primary...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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believed in two types of individual revelation from God, general revelation and special revelation. In general revelation, God reveals himself through his...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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theory/mechanism design, but is known primarily for his work on revelation principle, costly state verification, optimal multi-period contracts, decentralization...
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is also an example of a zero-sum game. This is because the fundamental principle of these contracts is that they are agreements between two parties, and...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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social choice theory, the same concept is sometimes called the unanimity principle, which says that if everyone in a society (non-strictly) prefers A to...
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snowdrift game, is a model of conflict for two players in game theory. The principle of the game is that while the ideal outcome is for one player to yield...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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that is non-credible. The notion of credibility is contingent on the principle of rationality. A rational player always make decisions that maximise...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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Archived November 23, 2011, at the Wayback Machine. _____. "revelation principle." Abstract. • Tuomas Sandholm. "computing in mechanism design...
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his mood." MythBusters Episode 177 "Wheel of Mythfortune" – Pick a Door Principle of restricted choice – similar application of Bayesian updating in contract...
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coordination game). Other applications include traffic flow (see Wardrop's principle), how to organize auctions (see auction theory), the outcome of efforts...
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other by making them misinterpret one's decisions. Bayesian game Handicap principle Market impact Screening game Signaling game Small talk Trash-talk Levin...
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compatibility Market design Monotonicity Participation constraint Revelation principle Strategyproofness Vickrey–Clarke–Groves mechanism Theorems Myerson–Satterthwaite...
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