Brunel University Research Archive(BURA) preserves and enables easy and open access to all
types of digital content. It showcases Brunel's research outputs.
Research contained within BURA is open access, although some publications may be subject
to publisher imposed embargoes. All awarded PhD theses are also archived on BURA.
Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/3552| Title: | The revelation principle and regularity conditions |
| Authors: | Kojima, N |
| Keywords: | Mechanism design; revelation principle; direct mechanism; regularity condition |
| Issue Date: | 2005 |
| Publisher: | Brunel University |
| Citation: | Economics and Finance Discussion Papers, Brunel University, 05-06. |
| Abstract: | The revelation principle asserts that every outcome brought by a mechanism is realized by a truthful direct mechanism. The present paper investigates the regularity conditions of these two mechanisms in the continuous space of the agent’s type. It questions what regularity condition a general mechanism confers upon a direct mechanism through the revelation principle. By so doing, we elucidate the limit of the revelation principle. |
| URI: | http://bura.brunel.ac.uk/handle/2438/3552 |
| Appears in Collections: | Economics and Finance Dept of Economics and Finance Research Papers |
Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.