Browsing Articles & Book Chapters by Author "Pass, Rafael"

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    • Tight revenue bounds with possibilistic beliefs and level-k rationality 

      Chen, Jing; Micali, Silvio; Pass, Rafael (© The Econometric Society, 2015-07)
      Mechanism design enables a social planner to obtain a desired outcome by leveraging the players’ rationality and their beliefs. It is thus a fundamental, but yet unproven, intuition that the higher the level of rationality ...