Jarman, Felix (University of Mannheim)
Meisner, Vincent (Technical University Berlin)
This note establishes a revelation principle in terms of payoff for deterministic mechanisms under ex-post constraints: the maximal payoff implementable by a feasible deterministic mechanism can also be implemented by a feasible deterministic direct mechanism.
mechanism design; revelation principle; ex-post constraints
Deterministic Mechanisms, the Revelation Principle, and Ex-Post Constraints