Conferences at Department of Economics, University of Toronto, Canadian Economic Theory Conference 2009

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A Folk Theorem for Competing Mechanisms

Michael Peters*, Christian Troncoso Valverde

Date: 2009-05-15 9:00 am – 9:30 am
Last modified: 2009-04-15

Abstract


We prove a folk theorem for games in which mechanism designers compete in mechanisms and in which there are at least 5 players. All allocations supportable by a centralized mechanism designer, including allocations involving correlated actions (and correlated punishments) are covered by this theorem.

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