n49570SE Academic Article uri icon

abstract

  • In this paper we consider Bayesian implementation of rational-expectations Lindahl allocations for economic environments with public goods when agents are incompletely informed about environments. We construct a continuous and feasible mechanism whose Bayesian equilibrium allocations coincide with rational-expectations Lindahl allocations. We not only allow the types of individuals to be unknown but also allow both the preferences and the initial endowments to be unknown to the designer. In addition, we allow some types of boundary equilibrium allocations and a continuous information structure. Journal of Economic Literature Classification Number: C72, D71, D82, H41. 1996 Academic Press, Inc.

published proceedings

  • Games and Economic Behavior

author list (cited authors)

  • Tian, G.

publication date

  • January 1, 1996 11:11 AM