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A note on the tight simplification of mechanisms
- Source :
- Economics Letters, 110(1), 15-17 (2011-01)
- Publication Year :
- 2011
- Publisher :
- Elsevier BV, 2011.
-
Abstract
- This note offers characterizations of tightness and weak tightness. It shows that when the preference domain is that of continuous utility functions on the outcome space, the two notions are equivalent to the outcome closure property of Milgrom (2010a).
Details
- ISSN :
- 01651765
- Volume :
- 110
- Database :
- OpenAIRE
- Journal :
- Economics Letters
- Accession number :
- edsair.doi.dedup.....9a1ee3590afc4f58df945a7b27a11951
- Full Text :
- https://doi.org/10.1016/j.econlet.2010.10.007