Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Economic Principle
|
gptkbp:appliesTo |
gptkb:Auction_Theory
gptkb:Social_Choice_Theory Incentive Compatibility |
gptkbp:describes |
Equivalence between direct and indirect mechanisms
|
gptkbp:field |
gptkb:Mechanism_Design
gptkb:Game_Theory |
https://www.w3.org/2000/01/rdf-schema#label |
Revelation Principle
|
gptkbp:introduced |
gptkb:Eric_Maskin
gptkb:Leonid_Hurwicz |
gptkbp:introducedIn |
1970s
|
gptkbp:relatedTo |
gptkb:Bayesian_Incentive_Compatibility
gptkb:Implementation_Theory gptkb:Vickrey–Clarke–Groves_Mechanism Direct Mechanisms Indirect Mechanisms Truthful Mechanisms |
gptkbp:state |
Any outcome achievable by an incentive-compatible mechanism can be achieved by a truthful direct mechanism
|
gptkbp:usedIn |
gptkb:Contract_Theory
gptkb:Voting_Systems Design of Auctions |
gptkbp:bfsParent |
gptkb:Mechanism_Design
|
gptkbp:bfsLayer |
8
|