Title

Robust Implementation in General Mechanisms

Document Type

Discussion Paper

Publication Date

6-1-2008

CFDP Number

1666R

CFDP Revision Date

2009-01-01

CFDP Pages

41

Abstract

A social choice function is robustly implemented if every equilibrium on every type space achieves outcomes consistent with it. We identify a robust monotonicity condition that is necessary and (with mild extra assumptions) sufficient for robust implementation. Robust monotonicity is strictly stronger than both Maskin monotonicity (necessary and almost sufficient for complete information implementation) and ex post monotonicity (necessary and almost sufficient for ex post implementation). It is equivalent to Bayesian monotonicity on all type spaces.

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