MECHANISM GAMES WITH MULTIPLE PRINCIPALS AND THREE OR MORE AGENTS

摘要

We consider a class of mechanism games in which there are multiple principals and three or more agents. For a mechanism game in this class, a sort of folk theorem holds: there is a threshold value for each of the principals such that an allocation isachieved at a pure-strategy sequential equilibrium of the game if and only if (i) it is incentive compatible and (ii) it attains an ejected utility for each principal that is greater than or equal to the threshold value for the principal.