GTO2-2-04: Impossibility of General, Dominant-Strategy Implementation
This video from Game Theory Online (www.game-theory-class.org) states and describes the Gibbard-Satterthwaite Theorem, which demonstrates that there exist social choice functions that cannot be implemented by any dominant-strategy mechanism. It features Matt Jackson (Stanford).
Пікірлер: 3
interesting! So is G-S theorem the opposite of the revelation principle?
@sharathkumar8422
5 жыл бұрын
No, the revelation principle is about how an indirect mechanism that implements a social choice function in dominant strategies also does so in a direct mechanism. Direct mechanisms are much easier to work with and this principle can be used to study many indirect mechanisms without all the complexity of such mechanisms involved.
@GoldenL8mp
11 ай бұрын
where were you educated?