Seminar on Economics: Undominated Mechanisms
Speaker: Prof. Jiangtao LI, Associate Professor, School of Economics, Singapore Management University
Date：15 Nov 2023 (Wed)
Time：14:00 – 15:15
Language: English
Venue: E21B-G002
Abstract: A mechanism is dominated by another mechanism if the latter mechanism generates a weakly higher ex post revenue for all valuation profiles and a strictly higher ex post revenue for at least one valuation profile. A mechanism is undominated if there is no mechanism that dominates it. We study the class of undominated mechanisms in various environments
